Archive for May 28th, 2010

Recently, the Courier Mail published an interesting article that talks about the situation developing in Queensland. An extract from the article is as under:

Letters of warning in relation to property seizure have been sent to four businesses and eleven individuals in a bid to recover $257,000 from outstanding fines after a trial of strategy started on January 1. It is one of the measures introduced by the Queensland Government for recovery of unpaid fines with above $160 million outstanding.

Attorney-General Cameron Dick said that a warrant had been issued for sale of woman’s home at a public auction after she continuously refused to make the repayments for a five-year-old debt. Subsequently, the woman paid the fine in full thereby avoiding the auction.

Mr Dick said that fine-dodgers were required to accept the responsibility for their actions. “This is money that can be better spent on more teachers, doctors and nurses, or more schools, police stations and hospitals,” he said.

Under these measures, the fine-defaulters were checked for their assets. This allowed the Government to seize property such as cars and homes to make the payment for debts. People who need to repay an amount above $5000 can have their cars clamped. Moreover, the driver’s license can also be suspended for non-motor vehicle offences. During the first four months, about 64 clamping notices were sent to the defaulters.

However, Lawrence Springborg, the deputy Opposition Leader of Queensland stated that the Government had failed to manage the fine dodgers properly.

“As of February this year $214 million was owed, and 886,742 outstanding penalties and we are talking here about them issuing 15 warning letters up to the end of April,” Mr Springborg said.

Paul Castran and Mark Forytarz, the two key persons in Castran Gilbert have a lot of experience in the Australian real estate market. Both of them have presided over many real estate sales. Mark Forytarz and Paul Castran share their views about the ongoing market situation in the real estate sector.