Property Council Welcomes FOFA Announcement

The Property Council applauds the announcement by the Government and Opposition to address unintended consequences from the FOFA reforms.

“The proposed FOFA amendments will vastly improve the outcomes for mum and dad investors and those trying to help them invest for their future,” said Andrew Mihno, Executive Director of International & Capital Markets for the Property Council of Australia.

“Solving these problems will ensure the FOFA provisions give mum and dad investors access to the best investments and advice.”

“It is a sensible and pragmatic approach that benefits everyone.”

“We congratulate the Government and Opposition for taking decisive action and restoring certainty for the industry” Mr Mihno concluded.

Contact: Andrew Mihno, Executive Director International & Capital Markets, 0406 45 45 49