Media Releases

Mon
31 Dec
2018

Media Enquiries

For media enquiries please contact:


Bricks & Mortar Media 
Phone:     0405 801 979
Email:      media@bricksandmortarmedia.com.au 

Tue
04 Dec
2018

One third of first-time buyers opting to invest

Media Release: 4 December 2018

 

New research from the Property Investment Professionals of Australia (PIPA) has found that one third of first-time buyers are opting to invest rather than to buy a home.

The 2018 PIPA Investor Sentiment Survey found that about 36 per cent of first-time buyers had opted to invest in property and continue to rent instead of buying a home to live in over the past 12 months.

PIPA chairman Peter Koulizos said while it was the first time that specific question had been asked in the annual survey, one could presume that rentvesting as an investment strategy had been a trend for some time.

"What this insight shows us is that first-time property buyers generally have probably been more active over recent years than official statistics originally recorded," he said. 

Thu
15 Nov
2018

Record $18 million spruiking fine proves regulation urgently needed

Media Release: 15 November 2018

 

The record $18 million fine imposed on a property spruiker for misleading property buyers and investors proves that urgent regulation of property investment advice is needed, according to the Property Investment Professionals of Australia (PIPA).

The Federal Court has imposed record penalties of $18 million against We Buy Houses We Buy Houses and its director, Rick Otton, for making false or misleading representations about how people could create wealth through buying and selling real estate, following action by the Australian Competition & Consumer Commission (ACCC).

PIPA Chairman Peter Koulizos said the record fine was a sign that the ACCC was serious about taking action against unscrupulous operators promising an unachievable level of financial success. 

Wed
24 Oct
2018

Negative gearing not a property investment strategy: PIPA/PICA

Media Release: 24 October 2018

New modelling that showed Labor's proposed changes to negative gearing and Capital Gains Tax will decimate the property market also highlights the Opposition's fundamental misunderstanding of the sector, according to the Property Investment Professionals of Australia (PIPA) and the Property Investors Council of Australia (PICA).

Independent research commissioned by Masters Builders Australia has found the financial impact of Labor's misguided policy could be a multibillion-dollar hit to a market that is already struggling in Sydney and Melbourne.

PIPA Chairman Peter Koulizos said the policy also showed the Opposition failed to understand and appreciate the vital part investors play in the property sector.

"Property investors provide housing for 30 per cent of Australians at a time when spending on social housing is at an all-time low," he said.

Thu
04 Oct
2018

PIPA and realestate.com.au join forces to promote professionalism

Media Release: 4 October 2018

The Property Investment Professionals of Australia (PIPA) and realestate.com.au (REA) have joined forces to provide insights and opportunities towards professional property investment advice.

PIPA Chairman Peter Koulizos said the REA sponsorship signalled a new era for the association, which now represented thousands of property investment professionals across the country.

"The realestate.com.au sponsorship helps to ensure that PIPA continues to go from strength to strength as well as provides significant benefits to our growing membership through access to the country's top real estate analytics," he said.

Mon
24 Sep
2018

Finance issues a growing concern but not a deterrent for investors: PIPA national survey

Media Release: 24 September 2018

Australian property investors are shrugging off finance issues, concerns about taxation policy changes, and the market slowdown in Sydney and Melbourne with a growing majority believing this year is a better time to invest than last, the 2018 Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey has found.

The national survey, which gathered insights from 820 property investors, shows that more than 77% of respondents think now is a good time to invest in property, with 52% looking to purchase a property in the next six to 12 months.

However, more investors than last year (48% in 2018 versus 43% in 2017) say that changes to investor lending policies have impacted their ability to secure finance for an investment property.

Potential changes to negative gearing and Capital Gains Tax policies are also a growing concern, the survey found, with 45% of respondents indicating they would reconsider their future investment plans as a result of proposed changes.

"The financial services crackdown on investors is having an impact on sentiment," PIPA Chairman Peter Koulizos said.

Tue
11 Sep
2018

Mining property worth half as much as 10 years ago

Media Release: 11 September 2018

New research has found that property prices halved in many mining regions over the past decade.

Property Investment Professionals of Australia (PIPA) chairman Peter Koulizos is currently reviewing research he undertook for a book that was published in 2008.

As part of the new research, however, Mr Koulizos used CoreLogic data to calculate the best and worst performing areas over the past 10 years and found a clear front-runner for bottom of the pile – mining locations.

Mon
27 Aug
2018

PIPA looks forward to working with new Prime Minister

Media Release: 27 August 2018

The Property Investment Professionals of Australia (PIPA) looks forward to working with the new Prime Minister, Scott Morrison, to regulate the provision of property investment advice.

PIPA has previously raised the issue – as well as the importance of property investment – with Mr Morrison during his tenure as the Federal Treasurer.

In fact, Mr Morrison provided commentary about the economic and societal significance of property ownership last year.

PIPA chairman Peter Koulizos said that the property investment profession as a whole hoped that a period of political stability would provide the opportunity to discuss the matter in more detail.

Mon
20 Aug
2018

30 years of champion markets show how property love is shared: PIPA

Media Release: 20 August 2018

A comprehensive study by the Property Investment Professionals of Australia (PIPA) has revealed how Australian property markets share the love around.

PIPA conducted a 30-year retrospective study of Australian capital city real estate to identify which cities were the hottest performers across each market cycle.

PIPA chairman Peter Koulizos said the research showed no capital city market is ever the nation's top performer indefinitely.

"The facts prove Aussie investors and homebuyers over the past three decades have made solid returns across almost every capital city, depending on their ability to buy at the right time," he said.

Fri
22 Jun
2018

PIPA elects two new board members

Media Release: 22 July 2018

The Property Investment Professionals of Australia (PIPA) has elected two new board directors to better represent its growing membership base.

CoreLogic Head of Content Kylie Davis and ASPIRE Adviser Network's Richard Crabb were both appointed to the PIPA board recently.

Ms Davis is a 25-year media veteran and has nearly 10 years' experience in property, as national network editor at News Corp Australia and four years in solutions and real estate marketing roles at CoreLogic.

PIPA chairman Peter Koulizos said Ms Davis's appointment brought the number of women on the board to three – or 30 per cent – of the 10-person board of directors, which highlighted the association's commitment to being representative of the property investment industry.

 

subscribe newsletter icon