News and insights: What’s been happening in the Australian real estate industry
Back to Newsletter Seller’s Disclosure Regime to be introduced as part of new Queensland Property Law Bill 2023 It was announced in October that the Queensland Government passed the Property Law Bill 2023, which will bring a range of changes to Queensland law and replace the Property Law Act 1974. A date for the Bill […]
Exciting new Securexchange features for real estate agents
Back to Newsletter We’ve been working hard to launch an exciting range of improved features in Securexchange for New South Wales, helping to make the property transaction process even more efficient. Our latest features that real estate agents can expect to benefit from include: Request a signed 66W:Simply request a Section 66W from the property purchaser’s […]
Why cyber security should be a priority as a real estate agent
Back to Newsletter As a real estate agent, it’s evident that the topic of cybercrime and the risk it presents has been prevalent within the property industry for some time. We have all heard the horror stories about funds being stolen throughout transactions and have become aware of what cybercriminals are truly capable of. For […]
Different types of scams and how to identify them
Back to Newsletter It’s evident that cybercrime is on the rise, however last year was particularly eye opening with the Australian Competition and Consumer Commissions (ACCC Scamwatch) announcing a grim $3.1 billion financial loss due to scams. This figure was unexpected, and most alarmingly an 80% increase to the financial loss Australian’s experienced in 2021. […]
Lee Bailie talks to AusBiz about protecting agencies from hacking
Real Estate Agents are seeing more fraud in their businesses. Lee Bailie, Head of Securexchange spoke with AusBiz about protecting agencies from hacking. Securexchange is a complimentary workspace that ensures you can electronically sign and exchange contracts and securely share confidential details. Register for your complimentary account. https://youtu.be/_kpoRGdz0S4
Hacked Computer Leads to Contract Termination
By Andrew Persijn – Special Counsel, Carter Newell Lawyers In the recent Supreme Court of New South Wales decision of Deligiannidou v Sundarjee [2020] NSWSC 437, the buyers of a property sought a declaration that the contract of sale was still valid and enforceable in circumstances where the buyers’ deposit was paid to a fraudster’s bank account. […]
Cyber attacks hit Australians every ten minutes, costing the nation $29 billion a year
By Daniel McCulloch Australian families and businesses are being urged to safeguard their cyber security as criminals and foreign governments ramp up attacks. A new report from the Australian Cyber Security Centre paints a grim picture of the rapidly increasing threat. National security agencies receive one report of cyber crime almost every 10 minutes. Australians lost […]
Selling a home to interstate and international buyers? In today’s climate, you need electronic property exchange
As the COVID-19 crisis continues to shut domestic and international borders, what happens when you are selling a property to buyers outside of your state or country? Under current conditions, it’s highly likely they can’t meet you in person to view the property or sign paperwork. You may choose to complete matters like this digitally […]
The Snitch: Scammers target Real Housewives of Sydney star Krissy Marsh
Another celebrity has fallen victim to the cunning cyber scam that almost cost NRL legend Ben Elias a fortune. One of the Real Housewives of Sydney has narrowly avoided losing a rumoured $550,000 to the sophisticated fraudsters. Ava Benny-Morrison and Brenden Hills, The Sunday Telegraph A Real Housewives of Sydney star has become the latest celeb […]