In giving evidence to the Parliamentary Joint Committee on Corporations and Financial Services inquiry into Commonwealth Regulation of Property Investment Advice, the FPA expressed its concerns about the lack of effective regulation for property investment advice.

The FPA was invited to appear before the Committee following its submission to the inquiry which argued the need for a national regulatory regime for property investment advice, explaining that the current regulatory patchwork fails property investors by not giving them important protections available to other financial investors.

In its evidence to the Committee, the FPA said ...