Latest Policy News

REIV 2019 Budget Submission

 

REIV Advocacy Agenda for the Victorian Government

 

Cladding


Cladding is an ongoing issue and REIV maintains a strong interest in this area. 

 

Estate Agents Act 1980


REIV policy positions regarding the Estate Agents Act are listed below. Amendments to the Estate Agents Act are likely to be reintroduced in the Victorian Parliament in 2019.

 

Section 55

The overly restrictive Section 55 legislation should be repealed. In its current form, many agencies – operating in both regional Victoria and metropolitan Melbourne - are financially disadvantaged by this draconian legislation.

The REIV does not consider a need to prohibit commissions when an estate agent, their representative or associated person gain an interest in a property being sold by the same agency, provided appropriate consumer protections are in place. This may be either an approved form or a cooling-off period for sellers. Any cooling-off period in such circumstances should be five business days.

 

Estate Agents Professional Conduct Regulations

 

Underquoting


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Sale of Land Act 1962


It is expected that amendments to Sale of Land Act will be introduced to the Victorian Parliament in 2019. Here you will find information about the REIV’s position to date.


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Land Tax

 


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Private Swimming Pools and Spas

 


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Small Business Regulation Review


Regulation of the Retail Sector. REIV is aware that the Victorian Government will shortly commence a review of Retail Leases Act 2003. Background information regarding REIV’s position on some of these matters is available below. This page will continue to be updated.


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Residential Tennacies Act


Following the passage of the Residential Tenancies Amendment Bill in 2018 the Victorian Government developed proposed Regulations for this Act. Information will be updated here.

18 December 2019

The REIV responded to the Residential Tenancies Regulatory Impact Statement (RTR RIS)



Latest RTA Changes



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Authorities Updated


The REIV is pleased to advise that the Victorian Parliament passed the amendments to the Estate Agents Act 1980 regarding Rebate Statements on 19th September 2018. It means that rebate statements used in the past, will be valid retrospectively.

In other words, members using non-conforming authorities after 19th September 2019 will not be protected by this legislation. Members must use the updated versions of the Authorities to protect their interests. 


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Owners Corporation Legislation and Regulations

 

 

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Engineers Registration Bill 2018

 

 

Open Flued Gas Space Heaters

 

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