Replacing inefficient taxes with more efficient sources of revenue is vital to drive Australia’s future economic growth.
It is critical that Australia has the right balance of taxes and investment rules to attract patient long term global capital.
Slashing red tape will clear away dysfunctional rules that block investment and hold back business growth.
Champion strong and transparent flows of capital from offshore and domestically into the property industry.
Ensure regulatory frameworks do not unfairly discriminate against property as an investment class - whether the investment is held directly or through a listed or unlisted property fund.
Maintain tax flow through treatment for passive investments and preserve the use of stapled structures for property funds.
Champion a globally competitive framework for collective investment in property that attracts patient, long term capital and expands the types of eligible investments for managed investment trusts (MITs) and collective investment vehicles (CIVs).
Push for fairer and more efficient property taxes and support the drive for economic growth through a whole-of-system review of Australia's tax settings.
A continuous reform agenda to strip back unnecessary regulation and red tape that act as a needless barrier to investment in property, spanning across accounting standards, corporate governance frameworks, corporate regulations, foreign investment framework, income tax and GST.
Promote initiatives that boost access to deeper and more liquid debt markets.
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The listed REIT market in Australia sits at $134 billion
The unlisted REIT market in Australia sits at $125 billion
Property investment affects 14.8 million Australians through their retirement savings
Directly contributes $202.9 billion to Australia's GDP = 13% of economic output