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ASIC fires up over agent ‘advice’

ASIC has fired a warning shot at real estate agents providing unlicensed advice to tenants struggling to pay rent. 

ASIC fires up over agent ‘advice’
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ASIC fires up over agent ‘advice’

In a letter to the Real Estate Institute, ASIC warned that some real estate agents were advising tenants to apply for early release of their super in order to pay rent – something that could breach the Corporations Act.

Read more at the ifa

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