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New Bill Targets Commercial Landlords to Combat Illicit Tobacco and Illegal Vaping Sales
The Minns Labor Government plans to establish an offence for commercial landlords who intentionally allow their properties to be used by tenants for selling illicit tobacco and illegal vapes, through the introduction of the Public Health (Tobacco) Amendment (Landlord Offences) Bill 2025.
The new offense will have a maximum penalty of 1 year in prison, a fine of $165,000, or both.
This offense is aimed at landlords who are aware of tenants running illegal tobacco and vapin
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Navigating the Upcoming Money Laundering Regulations for Real Estate and Other Professionals
In recent years, the fight against money laundering has intensified. Governments worldwide are implementing stricter regulations to combat this illicit activity. The real estate sector, often seen as a prime avenue for laundering money, is now under intense scrutiny. As regulations tighten, real estate & other professionals must gear up for a new era of compliance and paperwork. This article explores the upcoming changes, the implications for real estate agents, and practical
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New reporting laws to take affect for Strata Schemes
The new reporting laws will come into affect on the 30 June 2022 for Strata schemes.
These will require that Strata schemes submit an annual
T.K.
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