Last week the NSW Government announced its decision to appoint a Property Services Commissioner. The Commissioner will be responsible for ensuring a strong, vibrant property sector, responsive to the needs of property services professionals, as well as ensuring the highest compliance and professional standards for the benefits of consumers.
Minister for Better Regulation and Innovation Kevin Anderson explained that the new Commissioner will join the Property Services Expert Panel and is the next step in the NSW Government’s commitment to supporting the property and real estate sector.
“I am determined to properly support the property services industry which employs over 37,000 people and contributes $100 billion to the NSW economy,” Mr Anderson said.
“We are taking the same successful approach we did for the building and construction sector with the appointment of the Building Commissioner. We want to see a well-respected industry expert take the lead and make the case for reform, while actively supporting consumers and ensuring best practice, modern regulation of the property sector.”
Member for Goulburn Wendy Tuckerman said this is great news for people living in the Goulburn electorate.
“The property services industry is a significant employer in the region and is a substantial contributor to our local economy. As a Government, it is crucial that we work with the property services sector to put in place consumer protections as we commit to restoring confidence in the industry” Mrs Tuckerman said.
