Office Of Fair Trading Completes Enquiry
  • 29 June 2015

Office Of Fair Trading Completes Enquiry

The Office of Fair Trading recently made sweeping investigations of the investment residential industry, which included many companies as well as Property Club.

In June 2015 the Office of Fair Trading Queensland ceased current investigations that were premised on the idea that Kevin Young’s Property Club had not created more millionaires than other industry competitors.

The Office of Fair Trading was satisfied that there was no reason to continue the investigations that had been highly publicised by the media and others.

The Office of Fair Trading stated in their letter to Property Club:

“It has concluded that the investigation will be closed and no further action will be taken against your clients (Property Club) at the present time”

Property Club was established on the 12 November 1994 and has since then helped many people become millionaires through property, and will continue to do so for many years to come.

Related Posts

Make Your Property Move Before the New Year Rush

Make Your Property Move Before the New Year Rush

When December rolls around, it’s all too easy to let your property investment goals take a backseat. The allure of holidays, festive gatherings, and a ‘fresh start next year’ mentality can be tempting. But here’s a little-known secret: the quieter end-of-year market is brimming with opportunity for those ready to...

Big Win for Victorian Property Investors: Stamp Duty Concession Unveiled!

Big Win for Victorian Property Investors: Stamp Duty Concession Unveiled!

The Victorian Government is shaking up the property market with a new stamp duty regulation set to benefit investors. Starting 21 October 2024, buyers of off-the-plan apartments, units, and townhouses in strata developments will enjoy a temporary elimination of stamp duty for one year. This move is part of a...

New Queensland Rental Regulations: What Property Investors Need to Know

New Queensland Rental Regulations: What Property Investors Need to Know

The Queensland rental market is set for a significant shake-up, and as a property investor, it’s crucial to stay ahead of the curve. The state's new minimum housing standards, which began taking effect in September 2023, are more than just a regulatory update—they represent a shift in the expectations tenants will...

Become a Member Today!

Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.