Broker News

REIA announces new president

The Real Estate Institute of Australia (REIA) has announced the election of Malcolm Gunning, principal of Sydney-based Gunning Real Estate, as its new national president.

Gunning, who was the most recent past president of the Real Estate Institute of New South Wales, will take over from outgoing national president Neville Sanders, who served a two-year term.

Gunning has revealed one of the key priorities for the REIA next year will be to continue advocating for the retention of negative gearing.

“Its abolition is not the panacea for housing affordability that many seem to think it is. The debate on taxation must be broader and include stamp duty, land tax and value capture.”

Improving the professionalism of the sector is another goal for Gunning.

“[This] requires a multifaceted approach encompassing higher levels of qualifications, CPD, standard of training including ASQA’s role, accreditation, harmonisation, and working towards membership of the Professional Standards Authority,” he adds.

In accepting his new position, Gunning thanked the outgoing chief.

“Neville has provided excellent stewardship of the organisation since 2014 and during that time he has achieved much in ensuring that our members have a strong national voice,” Gunning says.

“On behalf of the Board and staff, we extend our sincere thanks to Neville for his professionalism and commitment to the role during an important chapter in REIA’s history.”

Published on: Friday, December 09, 2016

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