OFT Fact Sheet: Property Industry Licensees (including Auctioneers & Chattel Auctioneers)
The spread of the coronavirus (COVID-19) throughout the community has significantly impacted many businesses throughout Queensland including the property industry. The Office of Fair Trading (OFT) has been closely monitoring the situation and is aware of the restrictions placed on property licensees regarding open houses, inspections and auctions by the National Cabinet.
What do these changes mean for the property industry? There have been many questions regarding the impact of these changes on licensees. In light of this, the OFT has developed a fact sheet containing frequently asked questions regarding property industry obligations under the Property Occupations Act 2014 and complying with the coronavirus (COVID-19) social distancing rules.
The OFT is committed to assisting licensees during these uncertain times. Further information regarding help for licensees is available on their website. Alternatively, if you have any further questions, please contact the OFT via email at BrisbaneOFT@justice.qld.gov.au and they will respond as quickly as possible.
It’s important to note that at this time, the Queensland Government call centre is now operating at priority one which means that only health service calls are being taken. However, Fair trading information and advice is available on via the OFT website 24 hours a day, seven days a week. In the meantime, should you require further specific information, please consider the following:
- For business recovery, more information about the $27.25 million industry recovery package is available via the Queensland Government
- The Australian Securities and Investments Commission can provide more information if you are finding it difficult to meet your company obligations.
- Further information regarding the coronavirus (COVID-19) is available on the Queensland Health