Our Current Lobbying

Regulation Progress to date:

March 08 - Representatives from PIPA meet with Senator Nick Sherry to assert the need for regulation for Property Investment Advisers.

3 June 2008 - Senator Nick Sherry releases Green Paper for Financial Services and Credit reform

click here to view copy

July 2008 - PIPA submits response to Green Paper

July 2008 - Senator Sherry grants interview with Margaret Lomas for MoneyMakers (Skynews) in which he commits to including Property Investment Advisers in any reform

September 2008 - Representatives from PIPA meet with Nick Sherry to discuss the importance of including Property Investment Advisers in reform and point out that current provisions fell way short of the mark

November 2008 - Representatives from PIPA granted a meeting with Treasury where a comprehensive report about the industry and its stakeholders is presented.  Treasury agree that the industry may be deeper and in need of more comprehensive regulation than first thought

Feb 2009 - Representatives from PIPA take part in a teleconference with the Consumer Protection Branch and the Investor Protection Branch to once again reiterate the importance of including Property Investment Advisers in regulation

March 2009 - Federal government releases its plan for single, national regulation for consumer credit.  This does not include Property Investment Adviser regulation.

To view the plan, click here

PIPA continues to bring pressure upon the Federal Government to introduce a national regulatory framework for the Property Investment Industry and will keep you up to date with our progress.