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Have your say 

NSW Fair Trading welcomes comments on a range of issues from new or amended legislation to issues that affect the consumers and traders of NSW.

The list below shows the topics or issues that are in progress. Each item will indicate whether the issue is currently open for comment or not.

More information on each issue can be found by following the links provided.

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Property, Stock and Business Agents Amendment (Property Reports and Exemption) Regulation 2016

To assist property owners, agents and purchasers when selling and buying property, the NSW Government seeks to further improve the regulation of the NSW property industry. 

The proposed changes aim to improve prospective buyers' access to pre-purchase property reports. Further amendments include reinstating a former clause in Agency Agreements for the sale of residential property, and deregulating commercial property agency work.   

Comments close on 15 June 2016.

More information on the proposed property regulation amendments.

Open 
 

Biofuels Regulation 2016

The release of the exposure draft for the Biofuels Regulation 2016, under the Biofuels Act 2007, and the Regulatory Impact Statement, has been delayed. It is expected to be released shortly for public comment.  

If you are interested in receiving a copy of the draft Regulation and the Regulatory Impact Statement, please register your email address and you will be notified when the documents are available.

Delayed 
 

Strata Regulations 2016

Draft strata regulations have been released. They provide the necessary detail to support the major reforms to strata law that were passed last year and which are yet to commence. 

Comments close on 27 May 2016.

More information on the proposed Strata Regulations 2016.

Open
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Loose–fill Asbestos Insulation Amendment Regulations 2016

A number of regulatory amendments have been prepared to enable the establishment of the public register of residential properties known to contain loose-fill asbestos insulation and to disclose loose-fill asbestos insulation public register information to prospective tenants and home buyers. The proposed regulatory amendments were released for consultation.

Comments closed on 15 April 2016.

More information on the proposed Loose-fill Asbestos Insulation Amendment Regulations 2016.

 Closed

Reform of the Home Building Compensation Fund

The NSW Government is considering reforms to its statutory insurance scheme for residential building work: the Home Building Compensation Fund (HBCF). We have released a Discussion Paper, which outlines a range of potential reform options to ensure the HBCF is financially sustainable and continues to protect consumers.

Consultation closed on 12 February 2016.

Read more about reform of the HBCF.

Closed

Review of security of payment laws

The NSW Government is carrying out a comprehensive reform of the building and construction industry security of payment laws. 

Fair Trading released a Discussion Paper to guide discussion about whether the current laws are working as they should and outline potential options for improving them.

Consultation closed on 26 February 2016.

More information on the review of security of payment laws.

Closed

 

 

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Review of tenancy laws

The NSW Government released a Discussion Paper to support a statutory review of the NSW Residential Tenancies Act 2010. The paper explored key tenancy topics including starting a tenancy, rental bonds, rent and other charges, tenants’ and landlords’ rights and obligations, terminations and resolving disputes.  

This public consultation invited people to read the paper and submit comments on how to improve the current laws. The deadline for submissions was 29 January 2016.

More information on the review of residential tenancy laws.

Closed
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Review of property industry training standards

An independent panel is reviewing the existing training standards within the property services industry. 

The review panel released a consultation paper inviting written comments on the issues raised in the paper including: entry level standards for the licensed property services industry; ongoing training requirements for the licensed property services industry; the provision of initial and ongoing training; and assessment of initial and ongoing competency.

Consultation closed on 15 January 2016

More information on the review of property industry training standards.

Closed