From the CEO: 7th September 2022

The most-anticipated event on the Queensland real estate calendar is now one step closer after finalists were announced for the 2022 Awards for Excellence last week. With a record number of nominations this year, I thank everyone who nominated and congratulate our finalists. These awards represent professional recognition at the highest level in Queensland and making the finals is a significant achievement. Make sure you secure your tickets for the awards gala on 29 October in Brisbane where our state’s top performers will be revealed. The awards sold out last year so please act fast to avoid disappointment as seating numbers are strictly limited.

The REIQ is continuing to advocate to have the new land tax regime repealed. There’s no other state or territory that charges state land tax based on the value of properties held across Australia and outside the jurisdiction where the tax is collected. The new land tax regime is a rare beast in that it’s a tax that manages to hurt Queensland landholders, renters, companies, and small businesses in one fell swoop. You can find out more in this article or view a clip of a joint media conference with the State Opposition, outlining why we oppose the new regime.

On a positive note, the REIQ welcomed last week’s announcement from the Attorney General that consultation is open regarding mandatory continuing professional development (CPD) for real estate practitioners. The REIQ has been a strong advocate for the establishment of an annual CPD regime for many years. Our members already reflect the REIQ’s commitment to consumer protection and professionalism in that they must complete at least 100 CPD points annually to maintain membership. A CPD program requiring participants to accumulate a total number of CPD points from approved activities would allow real estate practitioners to maintain, improve and broaden their knowledge, skills, and competence. You can find out more here.

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