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.
7 July 2023
After announcing its steps to further reform rules around rent bidding and introduce plans for a portable bond scheme, the NSW Government has today announced its plans to delve deeper into other potential residential tenancy reforms. Community consultation has begun to discuss topics such as:
Ending no-grounds evictions by requiring a reason to end a lease,
Making it easier for renters to have pets,
Protecting renters’ personal information and privacy,
Making it easier to transfer rental bonds from one property to another, and
Other ways to improve conditions for renters and take the pressure off.
18 June 2023
Earlier this year, the South Australian Government provided broader insight into the changes expected to residential tenancy laws. The Government sought and received feedback on a range of issues, including the rules around ending or not renewing a lease, maximum bond amounts, rent bidding, and tenant rights around renting with pets.
South Australia Consumer and Business Services (CBS) has today provided an update on the issue of renting with pets, and the new rights and responsibilities of tenants and landlords around the issue.
Read More26 May 2023
Significant changes to Western Australian tenancy laws have been announced, in an effort to “improve rights for renters and provide certainty for landlords”.
The changes centre around prohibiting the practice of rent bidding, reducing the frequency at which rent may be increased, and allowing greater freedom for tenants around making minor modifications to a rental property and keeping pets on premises.
Read More27 March 2023
Following consultation with property industry participants and the public late last year, the South Australian Government has now introduced proposed changes to the Residential Tenancies Act 1995 to parliament.
The Government of South Australia initially outlined immediate priorities on 15 February 2023, including:
a commitment to improving housing outcomes
more affordable rental bonds
a ban on rent bidding
restrictions on what information is requested on rental application forms
greater protection for tenant information
As the key regulator of the property industry in South Australia, Consumer and Business Services (CBS) has announced they will “provide advice to the State Government to inform the best way forward for South Australia”.
Read More2 December 2022
There’s been a lot of discussion around legislative changes for the SA, NSW and WA residential and commercial property sectors over the past month. We also saw several agents in WA, Tasmania and Victoria receive court charges, fines and licence suspensions over industry misconduct.
Read More
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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.
