NSW CPD update: Ballina Face-to-face, Upcoming Webinar training.
Industry updates: Some millionaires, some struggling: The fall-out of Adelaide's 50% property price hike, Myer family’s Melbourne mansion could sell for $100m+, Qld agent handed 10-year ban and $30k fine, Home prices fall in parts of Sydney as ‘buyer's market’ looms.
Job Opportunities!
NSW CPD update: Face-to-face AND Webinar training dates released!
Industry updates: Making renting fairer in NSW, New laws introduced to improve strata living.
Commercial Updates: Blue Mountains: 'rare' opportunity to invest at the Three Sisters, Airbnb boom hits a wall as landlords slash prices to lure tourists.
NSW CPD updates
Industry updates: Sydney defies gravity smashing out a fresh home price record, Homeowners warned of looming ban on dangerous renovation product, Why it’s a better time to buy a home right now, National Property Manager’s Day!
Job Opportunities: Exciting opportunity for a part-time Property Administration Professional, located on the Sunshine Coast! Interested? Reach out to Gillian Gatt: gillian.gatt@AusDN.org.au
23 June 2024
In a media release today, the South Australian Government has announced the commencement of major rental reforms from 1 July 2024. This comes after earlier reforms were introduced to SA renting laws on 1 September 2023.
The July 2024 reforms also follow the State Government’s proposed bill from November 2023 to amend the Residential Tenancies Act 1995, and it seems the then-proposed changes will now become law.
Read MoreMothers Day Giveaway Winner Announced!!
Industry updates: Cheap rentals drying up in Townsville, 100 granny flats a week: Families turn to ‘instant’ housing solution
Commercial updates: Brisbane CBD tower being sold by DWS Group could trade for $112m.
On the road again! Stay tuned for our upcoming Face-to-face classes!
NSW CPD updates: NSW Class 1 and Class 2 licensees can now complete their training with us online!
3 November 2023
Industry updates: NSW strata sector updates October 2023 // NSW Government introduces strata sector reforms, extends existing property services commissioner role // National Association of Renters' Organisations launches report on principles for strengthening renters’ rights.
Disciplinary action: Former Victorian estate agent convicted over illegal transfers of client funds // Victorian estate agent facing disciplinary action for poor conduct // Western Australia Consumer Protection urges tenants to report racist behaviour after agent reprimanded and suspended // NSW Fair Trading publishes results from underquoting compliance inspections, confirms $52,800 in fines issued.
Legislative changes: South Australian government clarifies further commitments to improving housing outcomes for tenants and prospective tenants // Bill introduced to amend South Australia's Residential Tenancy Act.
NSW CPD updates: NSW Class 2 and Class 1 licensees can now complete their CPD training with us online! Plus more face-to-face classroom CPD options!
WA CPD: WA agents, don’t forget to enrol in and complete your CPD by 31 December 2023!
1 November 2023
In a media release today, the South Australian Government has announced the introduction of “landmark rental reforms” to parliament as part of its commitment to improving housing outcomes in the rental market.
Under the proposed bill to amend the Residential Tenancies Act 1995, changes to legislation would include:
introducing prescribed grounds to terminate or not renew a tenancy
extending the notice period to end a tenancy from 28 days to 60 days
allowing tenants to have pets in rental homes with reasonable conditions
protecting tenants’ information
ensuring rental properties comply with minimum housing standards
providing additional support for victims of domestic violence.
1 September 2023
Industry updates: NSW licensees in charge: Ensure assistant agents are qualified by March 2024 // NSW Continuing Professional Development (CPD) for multi-licence holders clarified.
Disciplinary action: Queensland Fair Trading charges Cairns real estate agent over 13 offences.
Legislative changes: Further reforms to rent bidding in NSW // Rent bidding illegal in South Australia from 1 September 2023 // New laws around minimum housing standards commence 1 September 2023 in Queensland.
1 September 2023
The Queensland Residential Tenancies Authority (RTA) has announced the introduction of minimum housing standards for all new tenancies from 1 September 2023, meaning that if a tenancy agreement is signed or renewed from this date, the property must meet minimum housing standards. The new laws around minimum housing standards will apply to all remaining residential tenancies from 1 September 2024, providing landlords with the opportunity to bring their currently-tenanted rental properties up to speed with the changes.
The RTA has also released updated forms for residential tenancies to reflect the new laws around minimum housing standards.
Read More5 May 2023
Site-wide Mother’s Day discount code!
Industry updates: NSW Fair Trading's recommendations for the handling of personal information and tenancy applications, Changes to NSW CPD for 2023-2024.
Disciplinary action: Unlicensed individual acting as WA agent ordered to pay over $23,000 in fines and costs.
Legislative changes: Rent increase limits and minimum housing standards for Queensland tenancies.
Important reminder: ACT CPD due 30 June 2023 for licence holders.
28 April 2023
Following significant reforms to residential tenancy laws in Queensland in October 2021 and October 2022, and with more changes yet to come, the Queensland Government has outlined what tenants, landlords, and agents can expect in upcoming changes to the Residential Tenancies and Rooming Accommodation Act 2008.
Read More31 March 2023
The ACT Government has published further detail on how the ACT tenancy reforms due to commence on 1 April 2023 will provide greater comfort to tenants, literally. A media release published earlier today states that “rental homes across the ACT will now have to meet a minimum energy efficiency standard for ceiling insulation which will help keep Canberra homes comfortable, safe and energy efficient”.
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Macdonald Education Trading as The Australian Real Estate Training College | RTO 91003 | ABN 26 002 664 771 | Create your future
In the spirit of reconciliation, Macdonald Education acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.
