The New South Wales government will introduce new laws this week to force property sellers to publish a price guide on all advertising, and impose a fivefold increase to fines for underquoting real estate agents. The government says the draft laws, first flagged last year, are aimed at cracking down on agents providing misleading price estimates on property listings, a practice often used to inflate interest. Agents caught underquoting can now be fined $110,000 – five times the previous penalty – or three times their commission, whichever is greater. “Dummy bidding” will also attract a $110,000 fine. The NSW government
The women bringing chess into the 21st Century – with ‘bullet’ matches and viral videos
...
Read moreDetails
