Industry Advocacy

National Housing and Homelessness Plan

The REIQ has provided input into the National Housing and Homelessness Plan Issues Paper.

Stage 2 Rental Reforms 2023

The REIQ opposes the implementation of Stage 2 rental reforms at this time.

BCCM Amendment Bill 2023

The REIQ generally supported the Body Corporate And Community Management And Other Legislation Amendment Bill 2023.

Ensuring the Annual Rent Increase Frequency Limit is Effective - Discussion Paper

The REIQ did not support the proposed reforms set out in the 'Ensuring the annual rent increase frequency limit is effective' discussion paper.

Question on Notice - Senate Inquiry

The REIQ provided its position on whether lessors should be licensed in Australia following a Question on Notice at a Senate Inquiry.

The Worsening Rental Crisis in Australia - Senate Inquiry

The REIQ provided a submission to The Worsening Rental Crisis in Australia Senate Inquiry.

Housing Legislation Package 2023

The REIQ commended the Federal Government for expeditiously producing the Housing Package.

Cyber Secure Queensland Strategic Plan

The REIQ welcomed the opportunity to provide our views on the Cyber Secure Queensland Strategic Plan (Cyber Plan) prepared by the Department of Communities, Housing and Digital Economy.

Our Place Action Plan

The REIQ provided feedback on the Our Place: A First Nations Housing And Homelessness Action Plan 2024-2027 Consultation Guide.

Property Law Bill 2023

The REIQ welcomed the opportunity to provide further feedback in relation to the Property Law Bill 2023.

Homes for homes in Queensland

The REIQ has provided a submission on the Housing Legislation Amendment Bill 2022.

Land Tax Act repealed

The REIQ provided a submission to government responding to a confidential consultation paper relating to proposed changes to land tax in Queensland.

Mandatory CPD for property agents

The REIQ has provided a government submission regarding the proposed introduction of mandatory continuing professional development (CPD) for property agents in Queensland.

Property Law Bill

The REIQ commends the State Government in progressing the re-write of the Property Law Act 1974.

Residential Tenancies and Rooming Accommodation (Rent Freeze) Amendment Bill 2022

The Rent Freeze Bill proposed freezing rent for a period of 2 years, with rent increases thereafter fixed at 2%.

Funding model of the RTA

The REIQ provided a government submission with respect to the funding model for Residential Tenancies Authority (RTA).

Statutory seller's disclosure in Queensland

The REIQ has responded to a government bill mandating a seller’s disclosure regime for property sale transactions in Queensland.

Real Estate Relief Package

The Real Estate Institute of Queensland (“REIQ”) is seeking urgent action from the Queensland State Government to assist in maintaining the stability of the Queensland property market in the face of the economic impacts of the coronavirus (COVID-19) pandemic.

Queensland’s residential real estate sector is worth over $1 trillion1 and employs over 50,000 Queenslanders directly with many more employed in associated industries. Activity within the real estate sector contributes in excess of $30 billion every year to the Queensland Government.

Declaration of Real Estate Services as Essential Services

We write to seek confirmation that real estate services will be deemed ‘essential services’ in the event of further restrictions or potential lockdown periods in response to the coronavirus (COVID-19) crisis. Whilst the provision of shelter itself is clearly an essential need, it is critical that the role of the real estate professional is protected to enable the ongoing sale and purchase and management of shelter.

Seller Disclosure in Queensland

The REIQ supports the adoption of a single statutory disclosure regime to improve consistency across all residential property transactions in Queensland and streamline the contractual process. However, our support is given on the basis that the buyer should not be excused from performing their own due diligence to ensure that the property meets their requirements, and that the long-standing doctrine of caveat emptor is not displaced.

Compulsory Continuing Professional Development

The Real Estate Institute of Queensland (REIQ) is committed to cultivating and maintaining the highest professional standards in the Queensland real estate sector. As part of this commitment, since 2005 the REIQ has required its members to undertake Continuing Professional Development (CPD) as a condition of membership. This ensures that our members have up-to-date understanding of consumer protections and other laws governing the conduct of real estate professionals and the transactions they facilitate. However, while the REIQ represents approximately 4,000 individual members and 1,600 agency offices, there are a large number of real estate practitioners outside the REIQ membership who undertake no ongoing education, and may have a limited understanding of changes in the law.

REIQ Stamp Duty Policy Statement

The Real Estate Institute of Queensland (REIQ) is committed to providing an environment that is conducive to generating economic activity in the real estate sector. Real estate plays an integral role in the Queensland economy, contributing more than $8 billion per annum toward Queensland’s gross state product. With real estate vital to Queensland’s prosperity, it is important that measures are put in place to encourage economic growth and maximise the choices available to consumers.

Negative Gearing

The Real Estate Institute of Queensland (REIQ) is urging the federal government to reject any proposals to reform negative gearing arrangements in the Australian property market. Allowing individuals to offset net losses from property investment against ordinary income helps to incentivise investment in property. This assists in helping to make rent as affordable as possible for low-income members of the community and helps to ease pressure on public housing.

First Home Owner's Grant

The Real Estate Institute of Queensland (REIQ) firmly believes that home ownership provides a range of benefits to both individuals and the wider community. The notion of owning a home is vital to the community and provides significant material benefits beyond the simple provision of shelter. Home ownership fosters social stability, economic reliability, community assurance, and assists both individuals and families in achieving independence and security.

Mandatory Continuing Professional Development

The Real Estate Institute of Queensland (REIQ) is committed to cultivating and maintaining the highest professional standards in the Queensland real estate sector. As part of this commitment, since 2005 the REIQ has required its members to undertake Continuing Professional Development (CPD) as a condition of membership. This ensures that our members have an up to date understanding of consumer protections and other laws governing the conduct of real estate professionals and the transactions they facilitate. However, while the REIQ represents some 4,500 individual members and 1,550 agency offices, there are a large number of real estate practitioners outside the REIQ membership who undertake no ongoing education, and may have a limited understanding of changes in the law.