PIPA In the News

Mon
29 Oct
2018

Labor's negative gearing and capital gains policies will "decimate the property market": PIPA/PICA

Two property investor bodies have attacked the federal Labour party's proposed changes to negative gearing and capital gains tax, claiming it will "will decimate the property market". 

Independent research commissioned by Masters Builders Australia found Labor's policies could result in a multi-billion dollar hit to the Sydney and Melbourne markets.

The Property Investment Professionals of Australia (PIPA) and the Property Investors Council of Australia (PICA) said the party has a fundamental misunderstanding of the sector.

"Property investors provide housing for 30% of Australians at a time when spending on social housing is at an all-time low," PIPA Chairman Peter Koulizos said. 

Mon
29 Oct
2018

What capital gains tax changes mean for your property portfolio

The federal government is proposing changes to the way capital gains tax is applied, and we take a look at the knock-on impact any increases would have to state economies and your portfolio. 

New economic modelling by the Centre for International Economics has found by increasing capital gains tax, states would see less funding for infrastructure, while rents would rise and economic activity would fall.

"The analysis shows that increasing CGT would generate a revenue gain for the federal government of around half a billion dollars a year which would be dwarfed by a fall in stamp duty revenue to that states of over $1 billion per year," said Tim Reardon, principal economist at the Housing Industry Association. 

Sun
28 Oct
2018

Neg gearing debate latest: Misguided Labor will 'decimate' the market

New modelling shows that Labor's negative gearing position will decimate the property market, and it also highlights Labor's fundamental misunderstanding of the sector, according to the Property Investment Professionals of Australia and the Property Investors Council of Australia.

Independent research commissioned by Master Builders Australia has found that 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, the two industry bodies said in a joint statement.

Sun
28 Oct
2018

Property industry slams Labor's housing policy

The federal Labor opposition's housing policy is not what it's stacked up to be, according to research commissioned by Master Builders Australia. 

Labor's policies on negative gearing and capital gains tax (CGT) will not increase the supply of new housing or create new jobs in the building industry, according to new independent economic modelling commissioned by Master Builders Australia.  

Fri
26 Oct
2018

Five reasons why location is crucial for property buyers

"LOCATION, location, location" is a saying that's been used by countless people over many years when talking about real estate. 

It's been the title of TV shows and has been quoted by people including the world's richest person and Amazon founder Jeff Bezos and Donald Trump's ex, businesswoman Ivana Trump.

And now may be the time to give the saying some extra oomph by adding a couple more "locations" to the three already used.

Recent research has found that location of a property is more important than ever when it comes to price growth. 

Fri
26 Oct
2018

"Fundamental misunderstanding" in negative gearing changes

Further analysis of Labor's negative gearing proposal from industry bodies suggests it is not compatible with the dynamics of the current market and its investors. 

As published previously, independent research commissioned by Master Builders Australia has found that 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, the Property Investment Professionals of Australia and the Property Investors Council of Australia said in a joint statement.

Fri
19 Oct
2018

The 'ripple effect' in property investment

Finding the next property markets set to boom can be as easy as looking into their 'prime neighbours'.  Find out how one expert uses only two simple elements to identify the best investment suburbs in Australia.

Affordability and gentrification are the most important factors to consider when looking for places to buy investment properties in, according to the Property Investment Professionals of Australia chairman Peter Koulizos.

While these elements are available in highly-technical data reports, the property expert said that a simple understanding of a location's surrounding areas can help investors make the most out of their research and ultimately determine the best decisions for the growth of their portfolio.

 

Thu
18 Oct
2018

Tenants get more power in NSW after new legislation passes

Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes.

What does this mean for property investors?

Passing on 17 October, the Residential Tenancies Amendment (Review) Bill 2018 aimed to give tenants more powers in order to "get the balance right" between investors and renters, according to Minister for Better Regulation Matt Kean.

Thu
18 Oct
2018

Seniors' calls for help increase as lenders tighten purse strings

This year, there has been a substantial increase in calls to debt assistance services by seniors, including those struggling to make their loan repayments.

According to recent statistics from the National Debt Helpline, a free independent service launched in 2011 for Australians experiencing financial difficulty, the helpline received more than 120,000 calls from January to August this year, up from 115,000 calls during the same eight-month period in 2017 and the highest ever for this period historically.

A representative from the National Debt Helpline, operated by a network of community organisations across the nation including the Financial Rights Legal Centre in NSW, confirmed that the helpline has been particularly busy this year, with an increasing number of senior Australians reaching out for assistance.

Wed
17 Oct
2018

Capital city property markets primed for growth

Despite market fluctuations, Mr Koulizos believes that there is an abundance of investment opportunities across the capital cities—even in the softening markets of Sydney and Melbourne.

According to him, the only secret to finding the best location for property investment is going back to the fundamentals of a good property.

The property lecturer said: "Look for undervalued areas around prime hubs. It's not just based on median price because before it might just be really cheap because the soil is contaminated."

"Go and have a look, drive down the streets. Are the houses similar in the prime suburb as they are in the undervalued suburb? Are the streets similar? We're looking for wide, tree-lined streets—they're the key there. Then, make sure that you compare apples with apples. If you can tick those boxes, it should be alright."

 

subscribe newsletter icon