How can smarter tax policy unlock billions in investment and thousands of new jobs for Australia?

Peter Menegazzo, CEO at Investa and President of the Property Council's Capital Markets Divisional Council, joined Torie Brown, Capital Markets Executive Director at the Property Council of Australia and Kathryn House, Pacific Communications Director at CBRE on the latest Talking Property podcast to explore the Mandala Report – a landmark study on the role of taxation in attracting global capital to Australia’s property market.

The discussion highlights the significant effects of foreign investor surcharges in Victoria and Queensland, including how:

• Removing surcharges could unlock $8.1 billion in new investment, boost GDP by $3.6 billion, and create 8,400 jobs nationally
• Frequent tax changes create sovereign risk, eroding investor confidence and liquidity

To continue to grow Australia's built environment and compete globally, investment and tax settings must actively welcome real estate capital and ensure a level playing field. Tune in to understand the broader implications for Australia's property sector and the role of international capital in shaping the nation's economic future. 

Listen to the full episode here.