405 | Why the Great Australian Renter's Tax is Everyone’s Problem!?

Folks — full disclosure — today’s episode was NOT originally in the plan.

Today you’ll be listening to Bryce interviewing Ben Kingsley as the Chair of the Property Investment Professionals of Australia (PICA) on Australia’s greatest renter’s tax ever introduced.

Free Stuff Mentioned… 

• Complete PIPA’s 2022 Sentiment Survey: Let us know your experiences and have your voice heard on issues such as QLD’s Land Tax. This is perhaps the most important Sentiment Survey ever done – Click here to complete the survey now.    
• Read APRA’s reforms here:
  • 2017 – A limit on interest-only loans.
  • 2019 – ADIs setting their own minimum interest rate for serviceability assessments.
  • 2021 – Re-assessing new borrowers’ ability to meet their loan repayments  
• Check out this graph which reflects one of the unintended consequences caused by APRA reforms. (Mentioned at 23:10)  
• Read this 2022 economic study by the Real Estate Institute of Western Australia (REIWA) on legislation and its market impacts here.  
• Read more details about Queensland’s Land Tax on its official Government website. 
• Read this article by Real Estate Business about the Real Estate Institute of the Australian Capital Territory (REIACT) slamming minimum standards for rental properties here.  
• Listen to REIACT CEO Michelle Tynan on the ABC Canberra Radio discussing the Better Renting survey of 74 properties across Australia here.  

LISTEN TO THE FIRST 20 EPISODES HERE >>
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FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>
FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again
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LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform:  https://www.moorr.com.au/     

FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again

FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube