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CEO Update
REINSW CEO Tim McKibbin's monthly update - keeping you informed about work REINSW is doing on behalf of members and the industry.



 
March 2012

REINSW has been actively participating in both the National Occupational Licensing System and the Conduct Harmonisation Project, which is designed to complement NOLS.

This month, Tim talks about REINSW's support of both NOLS and the Conduct Harmonisation Project.

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February 2012

For too long we have seen the NSW’s Government’s addiction to stamp duty revenue overcoming any real commitment towards reforming what is one of the most punitive taxation regimes in the country.

This month, Tim reveals the details of some new research REINSW has done into stamp duty and the launch of new political and media campaign to get action on stamp duty in NSW.

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December 2011 

The NSW Government’s recent decision to remove the stamp duty exemption for first homebuyers on existing dwellings was not just unfair, it was also misguided.

This month, Tim explains how REINSW is lobbying the NSW Government to consider way of allowing first homebuyers to pay stamp duty by instalments over five years.


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October 2011

It’s anomalous that there is no requirement for real estate professionals to maintain professional indemnity insurance.

From 1 July 2012, in order to be eligible to be an REINSW firm member, a real estate agency will be required to show evidence that they have a minimum of $2 million in professional indemnity insurance cover. This month, Tim explain why.


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April 2011

The recent state election and REINSW media activity has put the issue of housing affordability and supply right back in the spotlight - unfortunately though, without action the crisis in NSW looks likely to continue on both fronts.

This month, Tim explains why urgent action is needed.

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March 2011

A place to call home has always been the Australia dream. But this dream is fast becoming an expensive nightmare. Which begs the question - who can afford to buy a home?

This month, Tim outlines the issues that both political parties have failed to address in the lead-up to the NSW election.

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February 2011

In the lead-up to the state election, the entire NSW electorate will be looking to both political parties for a resolution to the rental crisis and housing shortage (particularly affordable housing) throughout NSW.

This month, Tim discusses how 2011 is shaping up for the market and what REINSW is doing in the lobbying arena on behalf of members.

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December 2010

There is currently widespread debate about whether Australia is experiencing a housing bubble. REINSW does not believe that there is in fact a housing bubble, but rather a housing shortage.

This month, Tim talks about REINSW's recently released Real Space Policy which seeks to address the critical shortage of housing stock in NSW.

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November 2010

Through its Real Tenancy Policy, REINSW is lobbying the State Government to implement a regulatory regime that is user-friendly, rather than needlessly complex in order to entice investors to enter the property market and contribute to the overall health of the economy.

This month, Tim discusses the details of the policy and how REINSW believes it will assist in addressing over-regulation.

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October 2010

The real estate profession is heavily regulated by NSW Fair Trading. The regulatory environment inhibits real estate professionals from tailoring their services to respond to the particular circumstances of their client.

This month, Tim discusses REINSW's Real Agency Policy, which addresses the complex regulatory environment faced by agents.


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September 2010

Out of control property taxes are combining with rising costs of living to all but kill the dream of homeownership for tens of thousands of Australians.

This month, Tim discusses REINSW's Real Tax Policy, which addresses the challenges facing our industry in relation to taxation of property.


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August 2010

In this month's CEO Update, Tim explores whether underquoting is really as big an issue as the media would have us believe, or whether the allegations are in fact a symptom of a far greater problem - unaffordable housing.

Tim also discusses current proposals to expand vendor disclosure requirements to include building and pest inspection reports.

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  July 2010

It's been a particularly busy time over the past month at REINSW.

In his first CEO Update, Tim discusses the new Residential Tenancies Act 2010 and the impact of the NSW Budget.


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