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AML/CTF starter kits set to offer a happier New Year
A source of anxiety for conveyancers as AML/CTF changes loom has been not knowing where to start. AUSTRAC pledges to provide the answers in January. It’s late, but with deeper detail, they say.
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166 articles for “Regulation”
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Red tape ‘layers’ peeled back to build homes quicker
Drawn-out planning approvals are being sped up with a one-stop shop ticking off major projects, heightening environmentalists’ concerns about fossil fuel plans.
Hmmm … no job, no income but $35m cash to buy a house?
Anti-money laundering and counter terrorism financing law reforms introduced next July aim to weed out the dodgy behaviours in the Australian property market. AUSTRAC overseeing the changes highlights extreme real-life examples.
Consumers feeling merry in time for a Christmas splurge
Australian consumers are the most optimistic they’ve been since early 2022 despite fading prospects of more interest rate cuts.
State named ‘best for business’ for third straight year
Two states heading to the polls next year have been named the best and worst places to do business in Australia based on factors such as taxes and red tape.
Premium pressure: Feeling the pinch of insurance costs
Some NSW conveyancers are struggling to stay afloat under the weight of increasing professional indemnity insurance costs, according to industry participants
Pushing up, not out
The sky’s the limit for city centres. City planners and politicians say high-density, high-reaching housing offers an affordable and sustainable solution by creating more supply in well-located areas
Real estate investment still in a ‘strong position’
Australian real estate remains attractive for Asia-Pacific investors driven by strong population growth and geopolitical stability, the property industry’s peak body said.
Australia’s big home build target already falling short
Construction is behind schedule by tens of thousands of homes, fresh figures reveal, after the first full year of a Federal Government housing goal.
Paul Nicolaou: Sydney’s red tape warrior
For Paul Nicolaou, there’s a lot to love about his hometown of Sydney. As executive director of Business Sydney he’s a passionate advocate for development and refurbishment, a sword-wielding enemy of red tape. But he’s also heavily invested in making Sydney a better place for its people, especially the homeless and city workers who can’t afford city rents.
Inquiry: ARNECC needs money or power to act
eConveyancing regulator ARNECC comes under the spotlight as Senate committee hears how a lack of enforcement power and scant resourcing has delayed competition in the $330 million market.
Under-cooked: Why we need to tackle the skill chill
There’s a huge demand for new recruits in conveyancing but sector leaders contend the entry-level diplomas inadequately prepare them for the responsibilities that come with the heavily regulated profession. It’s time to toughen up.
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