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Commerce Minister Michael Mischin.

State govt to remove fee cap

The state government has pressed on with its red tape cuts initiative by removing a cap on fees charged by settlement agents and land valuers, while amending the codes of conduct.

Commerce Minister Michael Mischin said it wasn’t necessary to set maximum fees anymore because information on charges is freely available online and other protections for consumers has been put in place.

The fee cap will be removed from February 3.

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