15 December 2022
The Australian Banking Association (ABA) welcomes the opportunity to provide further feedback on the Queensland Government’s consultation on the Property Law Bill 2022 and Property Law Regulation 2023. The ABA supports some of the revisions to the latest draft of the Bill but remains of the view that flood history data should be contained within the seller’s disclosure statement, particularly in light of repeated flooding events across Australia. It also has concerns with directing prospective buyers to the FloodCheck Queensland and Australian Flood Risk Information portals, where information may be incomplete or incorrect, to understand the flooding history of a property.
Download PDFLatest articles
The ABA continues to support the intent of the CSLR as a last-resort scheme that compensates genuine victims where they have suffered actual financial loss as a result of financial misconduct that they have otherwise been unable to recover.
The Australian Banking Association (ABA) welcomes the opportunity to make a submission to the Treasury consultation Registry Stabilisation and Uplift – draft legislation (the consultation).
The Australian Banking Association welcomes the opportunity to comment on the Consultation Paper – 2026 Reforms to the AML/CTF Act.