New renting laws pass through Parliament – VIC Legislation update

New renting laws pass through Parliament – VIC Legislation update

The Victorian Parliament has passed the Residential Tenancies Amendment Bill 2018, which includes more than 130 reforms providing increased protections for renters while ensuring rental housing providers can still effectively manage their properties. When the new laws come into effect, renters will be able to: have a pet with the written consent of their residential […]

Meet Mike McFillin – part auditor, part detective

Meet Mike McFillin – part auditor, part detective

Mike McFillin has been in the auditing game long enough to have learned this basic truth of the business – people don’t get audited because they want to. But all practicing real estate agents who operate trust accounts are required by legislation to undergo periodic auditing. The result? Many agents choose the cheapest audit on […]

Three things to focus on instead of GCI

Three things to focus on instead of GCI

GCI (Gross Commission Income) is the barometer of success for many real estate agents. GCI seems like a good number to focus on as the gross fee earning of an agent so on the surface it seems as though this number is a good measurement to compare performance – whether that is between agents or […]

Media release – Family violence prompts tenancy law review

Media release – Family violence prompts tenancy law review

Western Australia’s tenancy laws are under review to better protect and support victims of family violence in rental properties. Attorney General and Commerce Minister Michael Mischin said an options paper had been released which proposed changes to the Residential Tenancies Act 1987 to complement the Restraining Orders and Related Legislation Amendment (Family Violence) Bill 2016, […]

Changes to promote long-term leasing – News alert

Changes to promote long-term leasing – News alert

Changes to Victoria’s renting laws will enable long-term residential leases to be established from next year. These include: extending the reach of the Residential Tenancies Act 1997 (RTA) to residential tenancy agreements of more than five years the development of a new long-term tenancy agreement an online matching service for landlords and tenants. This forms […]

Residential Tenancies Amendment Regulations 2016 and Residential Tenancies Further Amendment Regulations 2016 – Legislation update

Residential Tenancies Amendment Regulations 2016 and Residential Tenancies Further Amendment Regulations 2016 – Legislation update

The Residential Tenancies Amendment Regulations 2016 and the Residential Tenancies Further Amendment Regulations 2016 commence today. Under these regulations, landlords and property managers must use the updated residential tenancy agreement form and notices. The residential tenancy agreement form now includes a section that allows tenants and landlords to give permission to be served notices electronically. […]