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Lydia Chen is the principal at Brightstone Conveyancing in Sydney’s Chatswood. It’s a busy, fixed-fee practice with five staff including an accountant based in their associated city law office. Lydia allowed Australian Conveyancer to record a typical day at the office and revealed what drives her work ethic…
AIC NSW appointed a new CEO in August with a clear agenda to guide the sector through an interesting era of change. But before Jonathan Smithers adopts new policies, he’s taking the time to listen to constituents to ensure practitioners’’ concerns are heard and needs are met.
AUSTRAC begins AML/CTF crackdown but AIC boss asks to ‘keep the approach practical and reasonable’.
As the September selling season kicks off, REINSW chief executive Tim McKibbin is optimistic that both buyers and sellers will be drawn to the property market, though they’ll need to set realistic expectations
Agency Settlements abandons case against Jared Zak, who said it was a ‘pretty wild and ambitious claim to start with’.
Jared Zak has ‘great win for conveyancers’ but says the case ‘is first and foremost about the consumer’.
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.
Real Estate Institute NSW issues alert to agents, saying ‘we are recommending that members not engage with the model’.
AUSTRAC is calling for all relevant businesses to complete their enrolment process by the end of July.
Victorian conveyancing body says transparency around customer transactions must be paramount.
Real Estate Institute of NSW backs calls for deposit flicking to have ‘closer scrutiny’ from authorities.
Fair Trading to examine ‘whether real estate agents are acting in accordance with their existing legal obligations’.
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