Home-owners and property managers across the state could find comfort in the latest review released by the State Government this week.
Two papers have been released as part of the Property Law review, helping Queenslanders in buying, selling and managing properties.
Attorney-General Jarrod Bleijie says the review delivers on the Newman Government’s election promise to ‘grow construction as one of the four pillars of the economy.’
“For too long, these industries have been strangled by unnecessary red tape and regulation,” says Mr Bleijie.
“This government knows that property and construction are critical to Queensland’s future economic growth and prosperity.”
The first two papers detail seller disclosure requirements and body corporate lot entitlements, to kick-start the community review.
The Newman Government has partnered with the Commercial and Property Law Research Centre at the Queensland University of Technology (QUT) for the initiative.
“We are proud to partner with QUT who are experts in the field of property law,” says Mr Bleijie.
“It’s time we brought the property laws into the 21st century to help revitalise the market.”
“We want all consumers to be properly informed when it comes to buying property.
“It is an exciting opportunity for property professionals, bodies corporate, property owners and the wider community to have their say in shaping this important review.
“We are committed to delivering real improvements for Queensland’s property and construction industries, and with this review we are well on our way to achieving this goal.”
The Newman Government believes this review is about ‘getting the balance right’ and putting a system in place that enhances the future of the property sector.
If you are a property owner, keep up to date with the review and have your say in the future of the market.
Feedback closes on March 14 for Paper 1, and March 22 for Paper 2.