REIV’s war on tenants may be illegal

On Friday I reported that the Real Estate Institute of Victoria (REIV) had effectively declared war on tenants, advising landlords to “refuse to negotiate rent reductions, forcing every request into the dispute system” in a bid to guarantee no resolution for months or even years.

This action has been deemed potentially illegal by legal experts, who believe that it may breach code of conduct and price-fixing laws:

Consumer Action Law Centre chief executive Gerard Brody said it was possible agents following that advice could be breaching professional standards set by the state. He said they should minimise and make every effort to resolve disputes…

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