Real Estate Agency in Perth Austrlia busted over mining town claims

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Providing unsubstantiated rental guarantees for investment properties in a troubled mining town has landed a Perth real estate Macro Realty agency in hot water.

A Perth agency and its directors have felt the wrath of the regulator after making unsubstantiated claims about rental income potential in the town of Newman.

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Crawford victim of Pilbara property plunge

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Liquidators have been appointed to Crawford Property Group, with the firm becoming the second Pilbara-focused real estate player to run into strife in 2016.

Australian Securities and Investments Commission documents show liquidators at Grant Thornton were appointed to Crawford Property Group, as well as an additional nine related entities, on July 19.

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