Strata laws under scrutiny in NSW after waves of complaints
By Alex Mitchell, AAP Dodgy agents managing apartment and townhouse blocks are in the firing line, as NSW becomes the latest state to overhaul strata legislation. The state government has proposed a string of changes to strata laws, which manage key decision-making in shared property blocks, seeing it as another avenue to solve the housing crisis. […]
Thousands of Tassie home buyers anxiously waiting for Royal Assent on stamp duty changes
Conveyancers and clients are facing a stressful time as some buyers face upfront outlay of close to $11,000 on each purchase – until concessions package has final seal of approval. Pre-election promises of across-the-board relief that were made as part of the government’s Stamping Out Stamp Duty pledge have passed a first and second parliamentary […]
<strong>Target of 1.2m homes too much of a stretch, conveyancers say</strong>
Federal government plans for 1.2 million homes in five years as part of the Housing Accord are too ambitious, conveyancers believe. George Sourris, of Brisbane conveyancing firm Empire Legal, thinks the federal plan is a stretch “unless some major fires get lit under some people in government fast”. “I don’t know how it’s going to […]
Sydney losing a generation because of cost of housing
NSW Housing Minister Rose Jackson tells conference of industry leaders of exodus of 30-40-year-olds – driven out by the affordability crisis. Sydney is losing a generation because of a chronic lack of affordable housing, according to NSW Housing Minister Rose Jackson. But the high-flying cabinet member pledged to work with the private sector to tackle […]
Western Sydney absorbed too many homes built in recent years.
Planning Minister Paul Scully acknowledged western Sydney had to absorb too many of the homes built in recent years. Speaking at the Property Council of Australia NSW Housing Summit, in Sydney, he told the industry audience there will be no quick fix to the crisis. He said the state government had already earmarked ways to […]
Voice of the Market – Getting Smarter
Fiona Eastwood emphasizes the importance of “getting smarter” in the conveyancing industry by leveraging AI as a supportive tool. According to Eastwood, the key lies in asking the right questions and using AI to enhance efficiency and precision in everyday tasks. Join us as we dive into the heart of the Australian conveyancing industry, the […]
Chart paints picture of wild ride property buyers have endured over past three years
The graphic released by the Australian Bureau of Statistics highlights how the property purchasing experience for millions of homeowners has been like a rollercoaster. At the start of the pandemic, in March 2020, ABS figures showed 13.38% of new were borrowers choosing fixed-rate loans while 86.62% were on variable deals. In the middle of the […]
Budget gets mixed response from Queensland property sector
Property industry leaders have given a mixed – mainly underwhelming – response to the Queensland budget. Raising the stamp duty threshold for first time buyers from $500,000 to $700,000 has been welcomed, but should have gone further, according to property sector analysts. Increased taxes for international investors will be the final nail in the coffin […]
<strong>Burnout is a ghost haunting the legal profession</strong>
That’s the verdict of Queensland Law Society chief executive Matt Dunn, who is profiled in the next edition of Australian Conveyancer. The newly appointed CEO talked about QLS plans including more practical business help for lawyers – as well as sharing his thoughts on emerging issues, such as artificial intelligence, cyber security and anti-money laundering. […]
How important is work-life balance?
Leaders and organisations know by now that topical band-aid wellbeing solutions just aren’t effective anymore. And it’s plaguing the true effectiveness of a holistic, leader-led program that combines organisational culture and wellbeing at all levels. John Colbert from Corporate Edge spoke to us about the importance of work-life balance.
