Industry veteran to 'take on spruikers'

by Adam Smith06 Jan 2015
A mortgage industry veteran has teamed with experts to launch property workshops aimed at taking on “spruikers”.

Former Resi chief executive Lisa Montgomery will join economist Andrew Wilson and Skynews Business host Margaret Lomas for a series of property seminars to educate would-be investors. They will be joined by property experts Michael Teys, Bradley Beer and Ian Rodrigues.

Lomas, the host of Skynews Business’ “Your Money Your Call” claimed that investors often fall victim to unscrupulous property spruikers.

“I’ve been lobbying the government, both Liberal and Labor, for around 8 years now, to  step up to the plate and provide supervision and control to prevent the often spectacular financial losses  by hapless property investors who fall prey to spruikers. I’ve seen some really sad cases of every day Australians losing all they have worked for and having nowhere to turn and no laws to back them up,” Lomas said.

Lomas claimed the one-day national workshop series featured experts with “nothing to sell except their expertise”.

“We hope to go some way toward making it hard for the spruikers who offer ridiculously expensive ‘boot camps’ and workshops to get business. There’ll be no upgraded course costing tens of thousands of dollars on offer and definitely no property to sell at the end – just a full day of current information, from six highly skilled experts, to help you make the most of 2015,” she said.

Sydney will host the first of the seminar series, with the Sydney Property Intensive to take place on 28 February at Northside Conference Centre in Crows Nest. Melbourne and Brisbane will follow, with seminars to be held in other capital cities as demand dictates.


  • by ozboy 6/01/2015 9:17:07 AM

    Great idea and I hope it achieves it's goals however I feel that a one day workshop is just too much for most people to cope with. Why do you think the spruikers only go for an hour max?

  • by John Morley 6/01/2015 11:00:53 AM

    I am recommending these seminars to all my customers across Australia. Margaret is spot on in her comments around hapless property investors. I am looking forward to the Perth seminar and am keen to help in setting this up.

  • by Kym 6/01/2015 1:45:03 PM

    Well done