Member for Glass House, Andrew Powell MP says home buyers and agents will be the big winners under the Newman Government’s proposal to split the Property Agents and Motor Dealers Act 2000 (PAMDA).
Mr Powell said the reforms were another example of the Government’s campaign to reduce red tape by 20 per cent and urged industry to provide feedback on the draft bills released on Monday.
“Consumers have been swamped with pages of paperwork in the buying process, which meant many people just sign the dotted line without reading the fine print,” Mr Powell commented.
“This has caused problems for buyers and, based on feedback, we have decided to make the process simpler in the interests of consumers and industry.
“The draft Bills released on Monday also aim to reduce the endless regulation imposed on businesses licensed under PAMDA and consolidate licence categories.
“It is now critical that we get more feedback from local industry on the draft bills so we can identify ways to further reduce red tape and ease the regulatory burden.
“The current Act contains more than 23 licence and registration classes across seven industries, but these proposed reforms will separate them into four bills.”
The Bills are:
- Property Occupations Bill 2013
- Motor Dealers and Chattel Auctioneers Bill 2013
- Commercial Agents Bill 2013
- Agents Financial Administration Bill 2013
The Government has already removed sustainability declarations, while the new changes will also allow for the removal of warning statements, which were time consuming and cumbersome.
“These changes will simplify the process for consumers by deleting the government 30 C warning statement form, removing unnecessary duplication from the buying process,” Mr Powell said.
“The commitment to split PAMDA was made before the election and has been welcomed by agents across the state.
“This is another example of how the Newman Government is letting Queensland business get on with the job as we continue to get the state’s finances back on track.”
For a copy of the consultation paper and to provide feedback, visit www.fairtrading.qld.gov.au or call 13 QGOV (13 74 68).
[ENDS] 13 February 2013