SHOW US THE EVIDENCE FOR BENEFITS TO CUSTOMERS: MUTUAL RECOGNITION

March 19th,2021

REIA has called for more evidence to back claims that AMR will grow productivity and reduce red tape with the introduction of the Mutual Recognition Bill to the Lower House this week for Australian real estate agents.

The Bill claims that:

“PwC estimated that AMR could lead to additional economic activity of around $2.4 billion over 10 years as a result of savings to workers and businesses, productivity improvements and extra surge capacity in response to natural disasters. Over 168,000 workers would benefit, including 44,000 people who will work interstate that would not otherwise have done so.”

REIA President, Adrian Kelly, said it is not clear how these figures apply to Australia’s real estate sector.