The corporate regulator has issued a warning to real estate agents who have encouraged tenants to draw down on their superannuation if they can't pay their rent.
The Australian Securities and Investments Commission warned the Real Estate Institute of Australia after it was alerted to agents' behaviour by recent media reports and social media comments, it said.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
