First Joint NZ Australia Property Conference in NZ

First Joint New Zealand - Australian Property Conference To Be Held In Queenstown, NZ

The inaugural joint New Zealand Property Institute & Australian Property Institute's Australasian Property Conference will be held in Queenstown New Zealand on July 22-23, 2004 it was announced today. This is the first time the two leading property Institutes have co-hosted a conference and it is expected that the conference will become a bi-annual property event rotating between the two countries.

New Zealand Property Institute President, Chris Seagar said today, "There has been talk for some years of unification of our currencies, our stock exchange and our commercial laws. The reality is that increasingly our two property markets are becoming more closely integrated both from an investment perspective and from a professional practice perspective. This conference is an important step in the development of unified property market practice between the two countries".

Australian Property Institute National President Mike Collins said that the joint conference is the next step in the ongoing development of the formal relationship between the two Institutes. "It follows the release by the two Institutes in February this year of the first set of unified Trans Tasman professional practice standards which will guide and govern the professional practice of all members of both Institutes", he said.

The two Institutes signed an official , which followed on from Memorandum of Understanding with the Australian Property Institute in 2001 to establish a closer working relationship and to develop a cross-border common membership for each Institute's members in recognition of each other's equivalent occupation status and to give effect to the Trans Tasman Mutual Recognition Act 1997.

The ultimate goal of the two Institutes is to become a strategic industry supplier of professional property services in the Australian and New Zealand markets and to achieve strategic alliances overseas in order to meet and satisfy the demands of the global property industry.

The Queenstown conference, recognising the strategic tourism location of the venue, has the theme: "Thrills, Spills and Adventure in Property." It builds on the outstanding success of recent annual conferences by the Property Institute. The 2003 conference held in Auckland was sold out with 500 delegates, and attracted 30 speakers including 8 international experts.

"Queenstown will see another excellent and stimulating programme, with a lot more Australian speakers involved. This can only add to the event and will certainly make it memorable", New Zealand Property Institute CEO Conor English said.

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