Tell us who gets the credit

Local and international capital is crucial for the post-pandemic recovery effort, so our Capital Markets Division is asking you to tell us about your experience in an anonymous survey. In our Seven-Point Plan for Economic Recovery we asked the Federal and State Governments to make it clear that Australia is open for investment.

Measures that will help achieve this include:  

• Ensuring Foreign Investment Review Board approvals are processed promptly and settings for leasing, fit-outs and small-scale transactions return to normal as soon as possible;
• Scrapping foreign tax surcharges for commercial property; and
• Ensuring Australian and foreign banks play a strongly supportive role for Australian real estate customers seeking access to competitive credit.

Despite Federal Government support for the banking sector, we are concerned our members attempting to generate activity and jobs in this area are being stymied by risk-averse financiers. Getting access to local and international capital is essential to the rebuilding effort that will include building new housing, shopping centres, offices, industrial parks, hotels, retirement villages and other essential infrastructure. 

Please complete our short survey on your experience and expectations by Friday 12 June.