Investors left reeling after developer defaults on loan
At least 14 buyers who purchased apartments off-the-plan at the Royal Plaza in Sydney’s Hurstville suburb are facing the loss of their investment after the developer defaulted on a loan from the lender.
ASIC to make super fees more transparent
The Australian Securities and Investments Commission (ASIC) is initiating reforms that are designed to make superannuation fees more transparent and easier to understand.
NSW consumers can now access rental bond data
Consumers will now have access to raw rental bond data, giving them a rare insight into the property market, according to Matthew Kean, the NSW minister for innovation and better regulation.
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