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Advocacy
REINSW advocacy is focused on lobbying for a fair and sensible framework for the property industry and for consumers. We strive to represent member interests, ensuring members' views are heard at the highest levels.
The REINSW State Conference, held on 28 May 2010, focused on developing and refining policies around planning, tenancy, agency best practice and tax.
These policies will underpin REINSW lobbying activities, which will ensure member interests are represented at both a state and federal level.
The four key policy areas are:
REINSW aims to create, enhance and sustain a viable, equitable and ethical property market.
If you have any questions about REINSW's Real Policies, please contact REINSW Marketing & Communications Manager Cathie Dickinson at cdickinson@reinsw.com.au
16 November 2011 – REINSW proposes further amendments to the residential tenancies regime
REINSW has effectively represented members in the fight for an equitable residential tenancies regime and has consistently been involved in lobbying efforts. Most recently, REINSW has worked with NSW Fair Trading in relation to the new Residential Tenancies Act 2010 and the Residential Tenancies Regulation 2010.
While REINSW was pleased to see that many of its recommendations were adopted, many changes are still required to ensure an equitable balance between landlords and tenants. To that end, REINSW has made a further submission to the Minister for Fair Trading outlining key areas in which change is required. Read REINSW’s submission >>>
24 August 2011 – REINSW calls for the introduction of mandatory professional indemnity insurance
REINSW strongly believes that professional indemnity insurance should be mandatory for all agencies in NSW and we have made a number of submissions over the years to the NSW Government.
Following discussions with Minister for Fair Trading, Anthony Roberts, REINSW has made a further submission in relation to the introduction of mandatory professional indemnity insurance. Read the submission >>>
12 July 2011 – No licence for commercial agents?
Just when we thought the discussion around the proposed National Occupational Licensing System (NOLS) couldn’t get any sillier, it has! There are now rumours that NOLS will remove the requirement for commercial agents to be licensed.
REINSW is strongly arguing against the removal of licensing for commercial agents and will continue to push for high standards across other licensing categories as well. Read more >>>
10 June 2011 – Industry in focus
NSW Treasurer Mike Baird and NSW Valuer General Philip Western joined REINSW on Friday, 10 June 2011, to shine the spotlight on the big issues.
The REINSW invitation-only ‘Industry in Focus’ lunch gave industry stakeholders and senior representatives from major residential and commercial franchises the opportunity to discuss a wide range of contemporary issues impacting the industry.
“A strong housing sector is absolutely essential to this economy moving forward and the government is very focused on that,” stated Mr Baird. Read more >>>
3 June 2011 - Minister for Fair Trading commits to pro-property stance
At the mid-year REINSW State Conference on Friday, 27 May 2011, delegates heard from the new Minister about the NSW Government’s pro-property stance. Acknowledging the significant role REINSW plays in providing leadership to the real estate industry across NSW, the Minister declared he was looking forward to finding new and better ways to work together.
“We share a strong common interest in building a solid, enduring real estate sector and establishing NSW as the number one state for property investment in the nation,” he said. “The NSW Government and the Institute need to work together to achieve these goals.” Read more >>>
1 June 2011 – Inadequate national educational standards will damage the profession
The new National Occupational Licensing System (NOLS), which captures the property industry, is due to commence on 1 July 2012. There are some concerning issues that have begun to emerge from NOLS which REINSW believes will have an adverse effect on consumer confidence and the professional generally.
REINSW believes that NOLS will dilute the aggregate skills, knowledge and experience of the profession and, as a consequence, the profession will find it increasingly difficult to respond to consumer expectations and the complex legislative environment in which property is transacted. Read more >>>
18 May 2011 – NSW Government encourages ‘empty nesters’ to downsize
In another lobbying win for REINSW, the NSW Government will extend the principal place of residence stamp duty exemption to seniors between 55 and 65 years of age.
For a number of years, REINSW has been lobbying the government to do just this. Read more >>>
10 May 2011 – NSW Government to repeal ad valorem tax
In a lobbying win for REINSW, the O’Farrell Government has introduced legislation to repeal the ad valorem tax.
Introduced by the Keneally Government on 1 July 2010, the ad valorem tax is payable on the registration of a transfer of property where the purchase price is more than $500,000.
REINSW immediately sought, and received, an undertaking from the then Opposition Leader Barry O’Farrell that he would repeal the ad valorem tax should the NSW Liberals & Nationals be elected at the March 2011 election. Mr O’Farrell has lived up to this undertaking. Read more >>>
10 June 2010 – NSW Parliament passes Residential Tenancies Act 2010
The NSW Parliament has passed the Residential Tenancies Act 2010, which includes some of the most sweeping changes to residential tenancies in decades. The changes will affect the control and management of each and every rented residential property in NSW and will have a profound impact on property managers, landlords and tenants.
REINSW management, in conjunction with its Property Management Chapter and along with members who actively enlisted the support of their landlords, were able to force considerable changes to the original Bill. Read more >>>
The Political Advisory Committee (PAC) is the engine room for REINSW's political lobbying. PAC's chief role is to strategically advise the REINSW Board on issues that impact our profession, such as housing affordability, property investment and changes to the Property, Stock and Business Agents Act 2002 (NSW).
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