PIPA In the News

Mon
15 Jun
2015

As more and more brokers look to diversify their product and service offering, becoming a property adviser might just be the point of difference you're after ...

Fri
12 Jun
2015

Buying in a hot market can be risky, but there are still opportunities for savvy investors. Here are four tips for buying successfully in the current market.

Record-low interest rates have resulted in more households looking to invest in property, creating a lot of competition and heat within some property markets.

Wed
10 Jun
2015

Authorities have been urged to invest in education and regulation if they want to slow the Sydney boom.

A property investment lobby group has expressed concerns about the way in which APRA, the prudential banking regulator, is trying to cool investor activity in Sydney and in Melbourne.

Property Investment Professionals of Australia chair Ben Kingsley said that although the authorities are right to be concerned about speculative investor activity in Australia's two biggest cities, they run the risk of punishing people who want to invest in other capitals.

Tue
09 Jun
2015

Here are six tips for spotting a property spruiker:

1. Differentiate between advice and sales pitch;

2. Avoid one size fits all;

3. How are they paid?

4. Feeling Pressured?

5. Look for a name you can trust;

6. Some claim it's easy!

Thu
04 Jun
2015

Education rather than intervention is the best way to create a more sustainable property investment industry according to the Property Investment Professionals of Australia (PIPA).

PIPA chairperson Ben Kingsley believes governments and bodies such as the Australian Prudential Regulation Authority (APRA) and the Australian Securities & Investment Commission (ASIC) should help investors to make informed decisions, rather than rely on measures like APRA's recent actions to keep the property market under control.

Thu
04 Jun
2015

Are vacancy rates the punk-rock property analytic shaking up mainstream median indicators? We drill down to see if an anarchic data revolution is under way ...

Thu
04 Jun
2015

Recent attempts by regulators and the banks to temper property investment activity across the country are missing the mark and will have unintended consequences, a peak body has warned.

In recent weeks a number of lenders, including the big four banks, have changed their lending and serviceability criteria for property investors in response to concerns from the Australian Prudential Regulation Authority (APRA).

Tue
02 Jun
2015

Improving advice to property buyers and consumer education is a more effective way of drawing the heat from the real estate market than higher borrowing rates, according to a lobbyist representing property groups ...

Tue
02 Jun
2015

Public officials' concerns of a property bubble in Sydney and Melbourne are spreading uncertainty amongst those thinking about increasing their exposure, but are not dissuading Chinese investors.

Treasury secretary John Fraser was the last public official to warn about fast rising house prices: "When you look at the housing price bubble evidence, it's unequivocally the case in Sydney," he told a Senate committee, and added that this was "certainly the case in higher priced areas in Melbourne."

Fraser joined the Australian Prudential Regulation Authority (APRA), which recently reviewed bank lending standards for property investors and last December warned lenders not to increase investor loans by more than 10% a year.

Tue
02 Jun
2015

The recent moves to dampen property investor activities by the Australian Prudential Regulation Authority (APRA) is not the right long-term solution, according to a property body.

The Property Investment Professional of Australia (PIPA) has called for the need for improved consumer awareness and comprehensive regulation of the property investment industry.

Commenting on the banks' lending restrictions by either changing their lending criteria or charging investors more to take loans with them, Ben Kingsley, chair of PIPA said it was not a solution to cool the Sydney and Melbourne property markets.