Property Investment Advice – Safe as Houses?

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Property Investment Advice – Safe as Houses?

23 June 2005

© Commonwealth of Australia 2005
ISBN  0 642 71538 6

View the report as a single document - (PDF 522KB)


View the report as separate downloadable parts:

Members of the Committee (PDF 57KB)
 
Duties of the Committee (PDF 24KB)
 
Terms of Reference (PDF 44KB)
 
Chapter 1 - Introduction (PDF 43KB)

Background
Conduct of the inquiry

 
Chapter 2 - Key Issues (PDF 178KB)
The key issues
Why is property investment advice important?
How spruikers operate
Why are spruikers able to operate?
Possible regulatory approaches
Is industry self-regulation appropriate?
Commonwealth or State responsibility?
 
Chapter 3 - A new regulatory regime (PDF 217KB)
What is the objective?
Proposed new regulatory regime
Enforcement
Remedies
Professional education & training
The issue of 'educational seminars'
 
Chapter 4 - Buyer beware - A plea from the Committee (PDF 46KB)
Seminars are marketing exercises
Check the internet
Choose your own lawyer and accountant
Get your own valuation
Get your own finance
Don’t be rushed
Demand advice about downside risk
Understand that your home is at risk
Summary
 
Appendix 1 - Submissions received by the Committee (PDF 24KB)
 
Appendix 2 - Public hearings and witnesses (PDF 32KB)

For further information, contact

Committee Secretary
Parliamentary Joint Committee on Corporations and Financial Services
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Phone: +61 2 6277 3583
Fax: +61 2 6277 5719
Email: corporations.joint@aph.gov.au