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March 2007

  • A reminder that training for NAMS Property will be held at four venues throughout the country:
    • Wellington, 26 March
    • Rotorua, 27 March
    • Auckland, 2 April
    • Christchurch, 3 April
See below for registration details.
Click here to view the NAMS Property Training Brochure [.pdf  326kb]
Click here to view the Registration Form [.pdf  58kb]

Registration for the NAMS Property training seminars are progressing very well! With over 70 registrations in total for the four seminars, this response demonstrates that there is a real need in the Property, Local Government and Health industries for detailed knowledge of all aspects of tactical to strategic planning methods for property assets. The NAMS Property training seminars will give attendees a detailed working knowledge of the NAMS Property process, consisting of the NAMS Property Manual, the interactive website and how to best access the Demonstration Asset Planning System and get the most of it.
  • Wellington City Council has welcomed a Government offer of $220 million over the next 10-15 years to upgrade the Council's social housing portfolio, click here to view the article on their website.  The Council used the NAMS Property principles to justify the level of expenditure required to achieve their desired level of service.  Having this robust information presented through a range of scenarios gave decision makers confidence that Council knew their housing stock well and knew what was required for quality living space in the future.
  • The Treasury (NZ)  will be implementing four key changes over twelve months to raise awareness of the benefits of improved asset management, reduce the risk of fiscal and operating surprises related to management of assets, and secure measurable gains from capital spending:

  • Central agencies will assume clearer leadership roles in capital asset management and in ICT (Information, communications and technology)
  • Treasury will develop and implement a new capital asset management framework applicable to all departments and crown entities, and all asset classes
  • The framework will require better quality information to be available for decision making, financial planning and performance monitoring purposes
  • Central agencies will provide improved assurance for ministers around the quality of asset-related spending.

Movements in the Industry

Let us know who is moving where…

Progress of NAMS Property


Distribution by Industry - March 2007

Current as at 28 Febraury 2007

Local Government organisations continue to dominate membership. However, a large number of people in the NZ and Australian housing industry are also becoming members.

Distribution by Country - March 2007


NZ dominates the membership at this stage due to the presence of the NAMS Group in NZ and their ongoing activities and promotion.


 

Did you know:

NAMS Property promotes a way of undertaking condition assessments that are seen as a paradigm shift in the industry.  The approach uses the property surveyor to provide information to the Asset Manager, where the Asset Manager is the one who makes decisions on the future renewals and maintenance works rather than the surveyor.

This shifts the approach from identifying future works, to identifying and describing assets.  A small set of key data can be used to determine renewals programmes, maintenance schedules, taxation depreciation schedules and depreciated replacement cost valuations including calculated depreciation.  This is only possible if the full range of the bulding's components are assessed rather than just those components that require short term work.