Prominent industry player Ken Morrison will replace Peter Verwer as CEO of the Property Council of Australia (PCA) in late July, with the latter moving to Singapore to head up the Asia Pacific Real Estate Association.
“I’m delighted to announce Morrison’s appointment as CEO. [He] possesses a wealth of advocacy experience along with a deep understanding of the opportunities and challenges facing the property industry,” says Property Council national president, Darren Steinberg.
Morrison served as executive director of the PCA’s NSW Division between 2002 and 2010, during which he led the campaign to successfully scrap the NSW vendor duty.
Rising to the position of chief operating officer from 2010 to 2013, Morrison headed up the Property Council’s national advocacy, ran the ‘Make My City Work’ campaign, and spearheaded the formation of the Retirement Living Council.
“It’s a privilege to take on the Property Council Role,” says Morrison, who adds that stamp-duty reform is now one of his goals.
“Australia enjoys huge opportunities to better plan and invest in our cities and regions to boost economic productivity and national living standards.
“The property industry’s annual $370 billion contribution to economic activity and the $34 billion paid in real estate-specific taxes show the Property Council has a big role to play in promoting these goals.
“I look forward to working with the Property Council’s members and a first class staff team.”
The PCA is one of the country’s largest peak industry bodies with an annual turnover of $26 million.
