The Government’s backdown on its proposal to
change the employment status of real estate agents is a
sensible move, says National’s Justice spokesman, Simon
Power.
“A previous proposal to change the employment
status of real estate agents from independent contractors to
employees was a blunt and unnecessary instrument which now
seems to be subject to a five-year review.
“National
will look closely beyond Associate Justice Minister Clayton
Cosgrove’s rhetoric at the detail of the bill when it is
tabled, and with regard to issues concerning property
managers and auctioneers.
“We have always said the
protection of consumers and the avoiding of extra costs for
home buyers must be the main thrust of the changes.
“The
present ‘in-house’ complaints process is not good
enough, and we support changes that bring more
accountability and transparency to the
industry.
“What’s not clear is whether the extra cost
of industry restructuring will eventually be passed on to
home buyers.
“They are already under enough stress
paying more for their mortgages under Labour, and the last
thing they need is more costs.
“We will be looking at
the fine detail of any proposed legislation because our
number one concern is the
consumer.”
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