2022 AICC Property Lunch - Australia’s Residential Outlook

Extraordinary factors are currently impacting the residential property market.

Following years of record-breaking growth, the sector is now faced with rising interest rates, inflationary costs, supply chain uncertainty and a skills pipeline impacted by low unemployment levels nationally. As Australians face into an outlook of increased global uncertainty, combined with a 2023 state election in NSW, what can owners and investors expect?

Don’t miss this essential update our leading industry experts who will explain:

•             the residential property growth cycle across the medium and long term;

•             changing macro influences on consumer demand, confidence and capital flow;

•             Levels of supply, vacancy, prices and rental growth for the year ahead; and

•             Shifting demographics shaping housing design, affordability and access.

OUR GUEST SPEAKERS:

Harry Triguboff AO, Managing Director, Meriton Group

As founder and managing director of Meriton Group, Harry Triguboff has overseen the construction of over 76,000 residential dwellings, and has won numerous awards for his contributions to the Australian property industry.

Harry Triguboff was born in Dalian, China on 3 March 1933. He spent his early childhood in the Russian community of Tientsin (now Tianjin) South of Beijing.

 

He first came to Australia in 1948 and was educated at Scots College in Sydney, before attending Leeds University in England. He graduated with a degree in textile engineering and began his working life in textile businesses in Israel and South Africa, returning to Australia in 1960.

 

Harry Triguboff became an Australian citizen in 1961. He owned a taxi fleet and a milk run before building his first block of apartments and establishing Meriton at 30 years of age; in 1963.

 

Since then he has become Australia’s most successful residential property developer and a generous philanthropist, providing millions of dollars each year in financial support to many causes. In recognition of his efforts, Harry Triguboff has received two honourary doctorates and numerous other honours and awards.

 

Harry Triguboff has proudly established Meriton as Australia’s leading residential property developer; a brand synonymous with superior quality and value.

Turi Condon, Director, Corporate Affairs

Turi is the Director of Corporate Affairs. Turi has more than 25 years of experience in media and corporate affairs. Before joining NHFIC, Turi was The Australian newspaper’s Property Editor and spent most of her career in journalism and senior editorial management roles for Australia’s two largest national media groups, News Corp (The Australian) and Fairfax Media, now Nine (Australian Financial Review and BRW). Her earlier experience includes overseeing marketing and corporate affairs for a division of global financial services firm Schroders.

Simon Owen, Chief Executive Officer, Ingenia Communities

Simon joined the Group in November 2009 as the Chief Executive Officer.

He initiated and has led the strategy to focus on acquiring, developing and managing a leading portfolio of lifestyle and holiday communities which has seen the Group’s market capitalisation grow from $30 million to over $2.4 billion today. He brings to the Group in-depth sector experience. He is a past member of the Retirement Living Division Council (part of the Property Council of Australia) and a former National President of the Retirement Villages Association (now part of the Retirement Living Council), the peak industry advocacy group for the owners, operators, developers and managers of retirement communities in Australia. He is also a prior Director of BIG4 Holiday Parks, Australia’s leading holiday parks group.

Simon has over 25 years’ experience working in ASX listed groups with roles across finance, funds management, mergers and acquisitions, business development and sales and marketing. 

Prior to joining Ingenia Communities, he was the CEO of Aevum, a formerly listed seniors housing and aged care company.

Tom Mackellar, Managing Director, Development, Lendlease

Tom Mackellar has more than 20 years' experience in corporate finance, mergers and acquisitions, business performance, compliance and operations. Since joining Lendlease, he has held several senior leadership positions across Australia, UK and Europe.

In his current role of Managing Director, Tom is responsible for leading Lendlease’s Development business - executing A$20 billion of development projects across gateway cities in Australia.

Before returning to Sydney in late 2021, Tom spent five years abroad as Chief Financial Officer for Lendlease Europe. During this time, he played an integral role to the growth of the Company's large-scale urbanisation pipeline in Europe and the United Kingdom where the business is now delivering in excess of £25 billion of projects across

London and Milan. As part of this role, Tom led the capital markets activities cementing critical relationships with capital partners to build on the large pipeline of work in Europe. Before moving to London, Tom was Executive Director, Investment and Development at Barangaroo South. He was responsible for the structuring and negotiation of funding agreements, leasing and other commercial matters on the project. Prior to joining Lendlease, Tom spent five years with PwC as a financial advisor to both public and private sector clients.

Adrian Pozzo, Chief Executive Officer, Cbus Property

Adrian Pozzo is the Chief Executive Officer of Cbus Property Pty Ltd, having been appointed to this role in 2007.  Adrian has over 35 years’ experience as an executive in the property and construction industries, working in both private and public companies, including 20 years in direct property.

He has responsibility for the strategic performance & management of all aspects of the Cbus direct property investment business which includes major investments and developments in the commercial, retail and residential sectors, and is a member of the Australian Institute of Company Directors. He is the Deputy Chair of the Green Building Council of Australia, a member of the Property Council’s Champions of Change coalition and a Divisional Council Member of the Property Council of Australia (Victorian Division).

Nerida Conisbee, Chief Economic, Ray White

Nerida is Ray White’s chief economist and one of Australia’s leading property experts. She provides market commentary to a wide range of Australian media outlets across digital, print, television and radio. She also contributes to Ray White’s publications including Ray White Now.

Nerida is the Deputy Chair of the Construction Forecasting Council and is on the South East Queensland Housing Supply Expert Panel. She also provides updates on property market conditions to major Government bodies.

Nerida has more than 20 years of property research experience throughout Asia Pacific and has held senior positions within commercial agencies and major consulting firms during this time. Her experience covers residential and commercial property from both an investor and occupier’s perspective.

Nerida holds a Bachelor of Commerce with Honours and Masters of Commerce, majoring in Econometrics, from the University of Melbourne.

In her role as Chief Economist, Nerida provides objective, robust and quality analysis of the property market and economy in Australia and globally. She represents Ray White to inform and influence key stakeholder groups across the residential and commercial sectors, in addition to advising major Australian Government bodies. Nerida works closely with industry partners to provide strategic vision and policy recommendations for the future of property in Australia.   

 Nerida was the most quoted property market commentator  in the last 12 months, according to a report by monitoring and insights company, Streem.

 Nerida regularly commands audiences of more than 400 for keynote speeches and is a highly engaging panel participant. Her areas of expertise include:

●        Australian property market

●        Global property markets (with a key interest in Asian countries)

●        The economy in Australia and globally

●        State and federal politics and budgets 

●        Financial reform and interest rates 

 

Nerida frequently provides commentary to the Australian Financial Review (AFR), Bloomberg, Australian Broadcasting Network (ABC), The Australian, news.com.au, and the Seven Network.

Nerida has been a speaker, delivered keynote speeches and participated in panel events at the Urban Development Institute of Australia (UDIA) Queensland Residential Outlook, Australia Israel Chamber of Commerce (AICC) Property Outlook Lunch, Australian PropTech Summit, AdNews Melbourne Summit, Real Estate Institute Queensland (REIQ) Queensland Conference, CoreNet Global Annual Conference, Australian Construction Industry Forum (ACIF) Construction Forecasting Council (CFC) Annual Conference, Property Council of Australia (PCA) Residential Property Recovery, Property Council of Australia (PCA) Annual Outlook, Committee for Economic Development of Australia (CEDA) NSW Property Outlook, The Australian Housing and Urban Research Institute (AHURI) One-Day Conference.