The CEO of RIskWise Property Research, Doron Peleg, was today, February 18, invited to discuss housing policy with Prime Minister Scott Morrison, Treasurer Josh Frydenberg and Assistant Treasurer Zed Seselja.
Banks need to be thoroughly prepared for AASB 9, with proposed changes to negative gearing set to have a material impact on loss provisioning and profitability, according to RiskWise Property Research.
Australians are well known for their obsession with property. It was once called the Great Australian Dream, but it seems these days owning your own home is simply not enough. Building a property portfolio is now the end goal for many.