Drop in business is a real threat for conveyancers
AIC NSW boss says sales of units and homes are falling ‘because your investors have completely gone’.
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Sector to reflect, reset and reload as market uncertainty bites
What we’ve seen and how we will handle what’s coming down the pike: Australian Conveyancer’s What’s Next? event will put AI, the economy and the AML/CTF overhaul on the agenda in Sydney this November.
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Conveyancing conundrum: Selling out or staying put
Industry expert says ‘we need government and other peak bodies to listen to what we have to say and the solutions we can provide’.
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AML/CTF is not the death knell for smaller firms
AIC NSW boss says Tranche 2 compliance is here but 'I don't see any evidence it's broken the camel's back'.
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Strata reports must be better, says AIC boss
NSW president says ‘standardising property reports would help improve buyer outcomes’.
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There may be a solution to AML/CTF headache
A highly experienced conveyancer, solo operator Jacki Adams feels she is doing the work government departments should do when it comes to AML/CTF. Here, she provides a possible answer to the burden of compliance.
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A new way to offer a helping hand
The Jim’s model of franchising has moved into conveyancing, offering strength in numbers for interested practitioners. Here, Jim’s Legal COO Sam Braithwaite explains the benefits.
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Remote working: Tech tycoons in the bush
Conveyancing partners Ian Perkins and Richard Bootle have built a thriving business worth billions while enjoying life in Bogan territory. And they have big plans for the future.
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Parliamentary report is simply ‘spinning the wheel’
Inquiry urges recommitment to interoperability but industry says report ‘confirmed what was already widely known’.
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NSW e-conveyancing competition report to be tabled
Last year’s state parliamentary inquiry that explored the controversy of competition, pricing, and service continuity in e-conveyancing is expected to table its report this week.
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Home buyers deserve ‘a fair go’ with stamp duty
AICNSW boss says ‘consumers purchasing houses are disadvantaged because they cannot know with certainty how much tax is due’.
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People’s life savings ‘must be protected’
Industry experts are united in their concerns over the controversial practice of deposit flicking.
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Conveyancers urged to get on the front foot
AUSTRAC begins AML/CTF crackdown but AIC boss asks to ‘keep the approach practical and reasonable’.
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Settlement scams getting harder and harder to detect
Conveyancer says ‘the traditional warning signs people associated with scams are no longer always present’.
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Settle Easy saved from collapse
New owner says ‘priority this year is to put the right infrastructure in place and make sure our people have the tools they need’.
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Case alleging consumer law breaches has been dropped
Agency Settlements abandons case against Jared Zak, who said it was a ‘pretty wild and ambitious claim to start with’.
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Millions of dollars caught up in mortgage fraud
AUSTRAC says ‘warning signs were found across banks that together cover the vast majority of Australia’s mortgage market’.
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Leading conveyancer free to talk about deposit flicking
Jared Zak has ‘great win for conveyancers’ but says the case ‘is first and foremost about the consumer’.
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Corporate watchdog cracks down on more rogue operators
ASIC investigations have led to a surge in bans or licence cancellations for businesses and financial managers in the past financial year.
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Time’s up: AUSTRAC to get tough on AML/CTF laggards
As the deadline has passed for practitioners to enrol in the AML/CTF reform program, the AUSTRAC boss has warned of a crackdown on those not on board. Now with a $100m funds boost, the regulator is well resourced for action.
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Experience galore will help drive AICNSW
President welcomes new CEO in an effort to ‘strengthen the position of conveyancers as trusted professionals’.
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Deposit flicking: Real estate agents urged to cease and desist
Real Estate Institute NSW issues alert to agents, saying ‘we are recommending that members not engage with the model’.
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Time to get your AML/CTF house in order
AUSTRAC is calling for all relevant businesses to complete their enrolment process by the end of July.
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‘Contentious settlement solution’ under the microscope
Victorian conveyancing body says transparency around customer transactions must be paramount.
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Practice raises ‘serious contractual and legislative concerns’
Real Estate Institute of NSW backs calls for deposit flicking to have ‘closer scrutiny’ from authorities.
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Native title exists: court hands back land to ancestors
A historically significant native title has been handed back to traditional ancestors following a long and difficult federal court judgment.