The Property Investment Professionals of Australia (PIPA) announced that they are looking forward to working with Scott Morrison to regulate the provision of property investment advice, after it was formalised on Friday that the country’s treasurer is set to become the new Prime Minister.
PIPA noted that it had already raised the matter, alongside their input on the importance of property investment, with Morrison during his tenure as the Federal Treasurer.
While this shows some progress as far as the sector is concerned, PIPA chairman Peter Koulizos said that the property investment profession as a whole hoped that a period of political stability would allow a more significant discussion on the matter. (more…)
The Property Investment Professionals of Australia (PIPA) looks forward to working with the new Prime Minister, Scott Morrison, to regulate the provision of property investment advice.
PIPA has previously raised the issue – as well as the importance of property investment – with Mr Morrison during his tenure as the Federal Treasurer.
In fact, Mr Morrison provided commentary about the economic and societal significance of property ownership last year.
PIPA chairman Peter Koulizos said that the property investment profession as a whole hoped that a period of political stability would provide the opportunity to discuss the matter in more detail. (more…)
The news is finally out, and now we know that the current Federal Treasurer Scott Morrison will be Australia’s new Prime Minister, marking the end of Malcolm Turnbull’s leadership.
Industry figures are divided as to what this could mean for property in Australia.
Malcolm Gunning, president of the Real Estate Institute of Australia, said that the new Morrison-led government will need to focus on unwinding APRA regulations, as he suggested personally to a member of the Liberal government. (more…)
The Liberal Party’s discombobulating machinations have spat out a result and a new leader, but what will it mean for you?
Following today’s vote, current federal Treasurer Scott Morrison will be Australia’s new Prime Minister, marking the end of Malcolm Turnbull’s leadership. Australia has not seen a prime minister finish their term since 2007.
The decision follows a roller-coaster week in Canberra with key ministers, including assistant minister to the treasurer Michael Sukkar, resigning.
Despite Roy Morgan polling revealing Julie Bishop was the easily preferred prime minister as of this morning, Treasurer Scott Morrison has received the most support within the Liberal Party. (more…)
