Finance
‘Priceless little gem’ has a new meaning
Recently in the rental section of realestate.com.au a “priceless little gem” engagement ring was advertised as part of a marriage proposal to catch the attention of a Frankston property agent.

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Vendor disclosure reports criticised
The New South Wales Government’s proposal that sellers provide buyers with mandatory building and pest reports has come under fire by the Australian Environmental Pest Managers Association (AEPMA).

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New planning fee to support sustainability
The New South Wales Government is proposing a small fee for the issuing of new Building Sustainability Index (BASIX) certificates.

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Unit sales favour lower end of market
Unconditional new high-rise apartment sales in Queensland totalled 274 in the three months ending August 30, according to the Midwood Queensland Investment Report.

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Streamlined identity checks required to prevent property fraud
Electronic checks and balances throughout the property sales transaction process need to be enforced to better protect the seller from a fraudulent sale, according to the Australian Institute of Conveyancers’ Tasmanian division president Helen Kent.

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