Episode 61: Risky business: land banking property investment schemes

JAN 15, 202011 MIN
The ASIC Podcast

Episode 61: Risky business: land banking property investment schemes

JAN 15, 202011 MIN

Description

Investing in land and property is certainly not a revolutionary idea. Australians have been investing in bricks, mortar and land for decades, but unfortunately not all property investment schemes are the same. 'Land banking' can produce returns for investors but comes with significant red flags. It is often unregulated, leaving investors without protection if things go wrong. In this episode, we explore some of the land banking schemes shut down by ASIC.