Contributed By: Jane Garcia on

The Real Estate Institute of Queensland (REIQ) says that the Bill regarding Stage 2 Rental Law Reforms which was passed in Parliament yesterday, has missed the mark. While the peak body is celebrating some wins from its comprehensive submission that recommended 39 amendments to the RTRAOLA* Bill, the REIQ is disappointed that many of its concerns were ignored. REIQ CEO Antonia Mercorella said its pleasing to see some of the REIQ’s significant concerns were addressed by a suite of eleventh-hour amendments to the legislation. “Firstly, a time limit that was originally proposed for water consumption charges, would have seen property owners potentially picking up hundredsRead More →

Contributed By: Nick Buick on

THE Awards have been running by TheOnsiteManager since 2017. This year THE Industry’s prestigious event, that recognises exceptional merit within THE management rights industry, is being hosted with ARAMA at SeaWorld! Winners of THE Award are decided by popular vote (ie: a people’s choice). There are 4 categories for this year’s format. THE Management Rights Broker of the year (People’s Choice), THE Management Rights Brokerage of the year (People’s Choice), THE Service Provider of the year (People’s Choice), and THE onsite manager of the year (Tenant Reviews). Eligibility this year for the 3 people’s choice categories is open to everyone, as is voting. So pleaseRead More →

Contributed By: Jane Garcia on

Three things to know about pet approvals: Further updates to strata pet regulations in Queensland The ink is barely dry on the new legislation governing strata in Queensland and regulations governing pets have already been further refined, in favour of pets. Where previously a body corporate committee had 6 weeks to respond to an application for a pet to be kept in a lot, the prescribed period for a committee to consider a pet request has been shortened to 21 days. If the committee does not make a decision within the prescribed period, the pet is deemed to be approved.  Alternatively, if a general meetingRead More →

Contributed By: Jane Garcia on

Astonishing new data from the ABS has laid bare the Queensland Government’s bumper bounty from property tax revenue over FY23, all while the State endures a housing crisis. The data, which excludes coal royalties, shows stamp duty now accounts for 25 percent of the tax base for the State Government compared to 20 percent ten years ago. Additionally, property taxes (stamp duty and land tax) have risen by 133 percent (more than doubled) over the past ten years, equating to an additional $4.2 billion per year. REIQ CEO Antonia Mercorella said given the steep upshoot in property values in the Sunshine State, it was timeRead More →

Contributed By: Jane Garcia on

The REIQ is concerned short-term incentives in the Federal Budget will keep interest rates up for longer, passing the burden to mortgage holders and small businesses. REIQ COO Dean Milton said while energy rebates may apply a short-term downward pressure on inflation, the median-to-long term impact could be inflationary. “Instead of the energy bill rebate cash splash to all Australians, our view is that the Federal Government could have shown more restraint and means tested eligibility to ensure it goes to those that need it most,” Mr Milton said. “We would have liked to have seen a budget which took the pressure off inflation toRead More →

Contributed By: Jane Garcia on

I was amused and horrified in equal measure recently. No, I hadn’t stumbled across a friend watching Married at First Sight, albeit my rare glimpses of this “entertainment” when I do witness such an event have left me somewhat appalled. The so-called MAFS phenomenon amazes me. I can only tolerate it in very small doses and only while heavily affected by gardening. My god! The premise seems immediately simple and confronting. Gather together a group of emotionally damaged and dysfunctional people, add a few mental health issues, stir in some misappropriation of real feelings and launch. What I found most disturbing was not the show.Read More →

Could you help us as we support others? We have partnered with The Priority Project to support woman who have experienced domestic and family violence (DFV). This service is supported by Mission Australia and The Salvation Army. They are working with agencies, including us, in conjunction with property owners to secure permanent rentals for women. We are seeking interest from our owners – asking you to consider prioritising your rentals to women who are needing a permanent place to call home. This new way of prioritising women creates opportunity to help and you do not have to reduce your rent, although if willing, you mayRead More →

Contributed By: Jane Garcia on

Relatively stable yet dangerously low vacancy rates over the first quarter of 2024 are a cold comfort to renters desperately trying to find a place to call home in Queensland. The Real Estate Institute of Queensland (REIQ) Residential Vacancy Report for the March 2024 Quarter shows rental availability remains at critical lows across the sunshine state. Of the 50 local government areas and sub regions covered in the report, vacancy rates fell in 22, were stable in 10 and climbed in 18, compared to the previous quarter. These movements, however disappointing or promising they may seem on face value, were confined to a modest 0.2%Read More →

Contributed By: Jane Garcia on

Seeking clarity in management rights matters? Look no further!   Introducing Quartz Legal – not just another law firm, but your trusted adviser in management rights! With a deep understanding of the unique challenges faced by management rights clients, Quartz Legal is committed to providing robust, tailored solutions that prioritize Strength, Clarity, Transparency, and Integrity. Why use Quartz Legal?  Strength: Our team brings unparalleled expertise in management rights matters, ensuring that you receive the highest quality representation tailored to your specific needs.  Clarity: At Quartz Legal, we prioritize your needs and concerns, going above and beyond to deliver clear guidance and effective solutions, that safeguard your interests.  Transparency: WeRead More →

Contributed By: Jane Garcia on

Hello, and thanks for clicking through! Today, you’ve been invited to take part in a short 5 to 6-minute survey about the challenges and opportunities within the Management and Letting Rights industry.  This survey is being conducted by an independent marketing agency called MemberBoat, on behalf of the Management and Letting Rights industry.  The research’s goal is to better understand the needs and challenges of businesses in the Management and Letting Rights industry so that industry stakeholders can improve the services and products they provide to you and better represent and advocate for businesses like yours.  Survey Details: Closing Date: COB Friday, 10 May 2024 Estimated TimeRead More →

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