PIPA In the News

Wed
12 Nov
2014

RBA jawboning fails to deter investors

A national survey of property investors has revealed that investor demand for property shows little sign of slowing any time soon.

The latest Smart Property Investment/ PIPA Property Investor Sentiment Survey indicates that despite talk of property bubbles and concerns that property price growth is unsustainable, confidence in the Australian property market remains high.

An overwhelming majority of respondents (75 per cent) said they would continue investing in property if rates remain low.

According to the survey, 80 per cent of investors believe now is a good time to invest in property, and 68 per cent are looking to purchase an investment property in the next six to 12 months.

Wed
12 Nov
2014

Market ripe for property investors

A survey of Aussie property investors shows unwavering confidence in today's market, with 80 per cent of respondents stating now is a good time to buy and 68 per cent intending to do so within the next 6-12 months.

Low interest rates, capital growth opportunities and stability were three top factors investors were choosing to purchase property, with one industry expert stating many are taking advantage of the low interest rate to build on a property portfolio.

Chair of the Property Investment Professionals of Australia Ben Kingsley said there has been concerns that some markets are overheated. However, the survey results show investors don't share that view.

"Certainly there has been strong price growth in some markets, but this is not the case right across the board and these survey results reinforce the fact property remains a firm investment favourite," Mr Kingsley said.

Wed
12 Nov
2014

Two in three investors plan to use brokers for next loan

Property investors are fans of the third-party channel and could potentially help brokers build referral relationships, according to new research.

A survey of 627 investors found that 70 per cent have used a broker at some point.

It also found that 54.5 per cent used a broker to secure their last investment loan and that 65.5 per cent plan to use a broker to secure their next investment loan.

The survey was conducted by The Adviser's sister title, Smart Property Investment, and Property Investment Professionals of Australia.

One finding that emerged was the potential for brokers to use investors as a way to build referral relationships with property managers, accountants and financial planners.

Wed
12 Nov
2014

Property still considered safe bet by investors

CONFIDENCE remains high in the property market with a new survey revealing investors are keen to keep buying.

The majority of investors polled for the Smart Property Investment/PIPA Property Investor Sentiment Survey revealed they were planning to enter the market again in the next six to 12 months.

The survey found 80 per cent of investors believed now was a good time to invest in property, while 68 per cent planned to do exactly that in the next six to 12 months.

PIPA chair Ben Kingsley said about a third of respondents to the survey said low interest rates was the reason they were going to invest in property.

Wed
12 Nov
2014

Investors turning to Brisbane

Property investors across the country are increasingly turning to the Queensland capital and believe the city represents the best investment prospects in the year ahead.

The Smart Property Investment/PIPA Property Investor Sentiment Survey revealed that over half of all survey respondents (56 per cent) believe Brisbane offers the best investment prospects – an increase of eight per cent from the beginning of the year.

In second place, but significantly further behind, was Sydney with 13 per cent, followed by Melbourne (11 per cent) and Perth (nine per cent).

The least popular investment option was Canberra, with only 0.5 per cent of investors selecting it as the city which offers the best investment prospects.

Wed
12 Nov
2014

Property investors seek accountants' advice

Two-thirds of property investors seek services from accountants, according to the latest Smart Property Investment/Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey.

PIPA chair Ben Kingsley said the survey results, which indicate 65.7 per cent of investors have sought services from their accountant, confirmed the profession's role in the property space.

"For me, it's really pleasing to see property investors are seeking advice from their group of professionals," he said.

However, speaking to AccountantsDaily, Mr Kingsley warned accountants to be mindful of what they should and should not be advising on.

Wed
12 Nov
2014

Property market not overheating: investors

Despite months of commentary and speculation about property bubbles and overheated market activity, investors still believe now is the right time to buy.

A national survey of property investors has revealed that investor demand for property shows little sign of slowing any time soon.

The latest Smart Property Investment/ PIPA Property Investor Sentiment Survey indicates that despite talk of property bubbles and concerns that property price growth is unsustainable, confidence in the Australian property market remains high.

According to the survey, 80 per cent of investors believe now is a good time to invest in property, and 68 per cent are looking to purchase within the next six to 12 months.

Wed
12 Nov
2014

Investor interest going gangbusters

A survey of Aussie property investors shows unwavering confidence in today's market, with 80 per cent of respondents stating now is a good time to buy and 68 per cent intending to do so within the next 6-12 months.

Low interest rates, capital growth opportunities and stability were three top factors investors were choosing to purchase property, with one industry expert stating many are taking advantage of the low interest rate to build on a property portfolio.

Chair of the Property Investment Professionals of Australia Ben Kingsley said there has been concerns that some markets are overheated. However, the survey results show investors don't share that view.

Wed
05 Nov
2014

Scrapping negative gearing 'unlikely'

The RBA's recent threat on scrapping nengative gearing has sparked much discussion in the industry. Ben Kingsyle of PIPA believes that one of the biggest myths is that only the super wealthy investor benefits from negative gearing and he predicts the RBA is unlikely to scrap it.


Australian Broker Online negative gearing video


Wed
22 Oct
2014

Property investment expert busts 'myths' about negative gearing

As property investment has been under the microscope of late, one industry expert has come out and busted some common 'myths' about negative gearing and property investment.

Ben Kingsley, chair of Property Investment Professionals Australia and chief executive of Empower Wealth Advisory has refuted the argument that negative gearing favours the wealthy – telling Australian Broker "it is the biggest myth of all".

"In [my] business and what I do each day, they're mum and dad investors coming in and they're basically saying they want to take responsibility for their retirement planning. They realise that the government isn't going to be able to provide strong pensions for them," he said.

"I definitely support that it's not the super-rich or the elite, its actually traditional mum and dad investors, and we can see that in the ATO statistics as well. We're talking about $1.8 million people who are actually claiming rental income as part of their tax each year. It's definitely spread right across the board."

 

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