Property Spruikers’ activity in this industry is not a new topic. It has been going on for a while and ASIC is trying its best to find and penalise these parties. However, despite being a well known issue, there aren’t much else being done about it and at the end of the day, innocent investors are the ones getting hurt. Bryce Holdaway and Ben Kingsley have seen many cases like this in their day-to-day role and unfortunately, they’ve a lot of experience in fixing bad property investment advice. It is an issue that they are very passionate about and it highlights the importance and the crucial needs for more regulation and education in this industry. Hence they are keen to share with our listeners on how you define a spruiker, what’s their classic tactic is when trying to win an investor over and how can you distinguish them. Start listening to the podcast now to find out more.
Also, the RBA has just drop the official cash rate this month! Check out Ben’s commentary on the rate cut here.
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