Folks — full disclosure — today’s episode was NOT originally in the plan. It is, however, an issue that is so insanely important that we switched things up… Today you won’t be listening to Bryce & Ben of The Property Couch. Today you’ll be listening to Bryce interviewing Ben Kingsley as the Chair of the Property Investment Professionals of Australia (PICA) on Australia’s greatest renter’s tax ever introduced. We’re talking about Queensland’s New Land Tax.   Here’s the deal…we’ll be examining what this means for renters and property owners across Australia, the repercussions yet to come and covering what is at stake for Queensland’s future.    As Ben says, “there are no winners here.”    At the heart of today’s show is the issue of government intervention and the rising rents left in its wake…    We’re breaking down who the Australian Prudential Regulation Authority (APRA) are and taking a frank look at the unintended consequences that many of its reforms have had over the past decade.    Strap in folks, this is an important episode that affects us all.      P.S. And if you find this as disturbing as we do, you can make a positive change.   The Property Investment Professionals of Australia (PIPA) is currently running its 2022 Sentiment Survey which allows everyday folks to have their thoughts heard on issues such as Queensland’s Land Tax.   By having this data, organisations such as PIPA have the numbers to fight against tax reforms for the everyday mum and dad investors. Click here to fill out the survey now.     Free Stuff Mentioned…  Complete PIPA’s 2022 Sentiment Survey: Let us know your experiences and have your voice heard on issues such as QLD’s Land Tax. This is perhaps the most important Sentiment Survey ever done – Click here to complete the survey now.     Read APRA’s reforms here: 2017 – A limit on interest-only loans. 2019 – ADIs setting their own minimum interest rate for serviceability assessments. 2021 – Re-assessing new borrowers’ ability to meet their loan repayments   Check out this graph which reflects one of the unintended consequences caused by APRA reforms. (Mentioned at 23:10)   Read this 2022 economic study by the Real Estate Institute of Western Australia (REIWA) on legislation and its market impacts here.   Read more details about Queensland’s Land Tax on its official Government website.  Read this article by Real Estate Business about the Real Estate Institute of t...