PIPA In the News

Mon
05 Nov
2018

While the Melbourne property market has a long way to go for before making a full recovery, experts believe that it's not all doom and gloom in Victoria's capital city.

Since the end of the property, consumer confidence has been significantly low in the capital city markets, particularly Sydney and Melbourne, as prices drop and the level of supply and demand sees an imbalance.

However, some experts say that while the property cycle is at the softening phase, the business cycle is currently at the boom phase.

Both Sydney and Melbourne continue to be the strongest economies in Australia, boasting continuous growth in population, jobs, investment and infrastructure. Moreover, the household sector proved to be resilient amidst changes in the lending environment, with the vast majority of borrowers in healthy financial condition.

 

Sat
03 Nov
2018

Some say this controversial plan will destroy Australia's housing market.  But others argue negative gearing "fearmongering" is "bollocks".

It's one of Labor's biggest policy proposals and is shaping up to be one of the defining issues of next year's federal election.

But the ALP's plan to reform negative gearing and capital gains tax continues to divide opinions long after it was first announced, as Australians are bombarded with conflicting opinions and reports on the controversial issue. 

Under a new Labor government, negative gearing would be limited to newly built properties, with the Party also wanted to halve the 50 per cent capital gains tax discount in a bid to help Aussies buy homes.

 

Wed
31 Oct
2018

IT's one of Labor's biggest policy proposals and is shaping up to be one of the define issues of next year's federal election. 

But the ALP's plan to reform negative gearing and capital gains tax continues to divide opinions long after it was first announced, as Australians are bombarded with conflicting opinions and reports on the controversial issue.

Under a new Labor government, negative gearing would be limited to newly built properties, with the Party also wanting to halve the 50 per cent capital gains tax discount in a bid to help Aussies buy homes.

But while supporters say the plan would end the supposed unfair advantage now enjoyed by investors at the expense of first homebuyers, critics argue it also has the potential to damage the housing market.

According to the Property Investment Professionals of Australia (PIPA) and the Property Investors Council of Australia (PICA), new modelling has shown the proposed changes "will decimate the property market". 

Tue
30 Oct
2018

Policy relating to and impacting property investment in Australia is front and centre to the campaigning of the major parties. We take a look at what this means for you as an investor.

Peter Koulizos, chairman of the Property Investment Professionals of Australia, recommended that investors take a careful look at every party's stance on housing and investment.

Two of the headline considerations for current and prospective property investors are any changes in the works for negative gearing or capital gains tax (CGT).

Mr Koulizos said that the property market has changed since Labor's intention to change negative gearing and CGT, so investors would be wise to double check exactly what they will be voting for. 

Mon
29 Oct
2018

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

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

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

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

"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

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.