Professional Strata Management Group and Whitney Wang
Information for strata schemes managed by PSMG Pty Ltd trading as Professional Strata Management Group (PSMG).
Key information
- On 22 July 2024, NSW Fair Trading took disciplinary action against PSMG and licensee in charge Mr Whitney Hong Wang (Mr Wang).
- PSMG and Mr Wang sought review of the decision in the NSW Civil and Administrative Tribunal (NCAT).
- On 30 June 2025 NCAT handed down a decision in relation to the review sought by PSMG and Mr Wang.
- NCAT set aside NSW Fair Trading’s disciplinary decision, making a new disciplinary decision against PSMG and Mr Wang.
- Mr Wang’s licence will be cancelled from 29 July 2025, and he will be disqualified for 12 months. PSMG may still operate but will need a new licensee in charge.
- Fair Trading is assisting affected strata schemes and can respond to your questions.
Disciplinary actions taken by NSW Fair Trading
Following an investigation, Fair Trading’s actions against PSMG and Mr Wang included:
- Cancelling the corporation licence of PSMG (licence number 1688934) and the individual licence of the licensee in charge, Mr Wang (licence number 1092361).
- Declaring both PSMG and Mr Wang to be disqualified persons under the Property and Stock Agents Act 2002 (the Act) for 10 years.
This disciplinary action was stayed (paused) while the legal process in NCAT was underway.
NCAT decision
On 30 June 2025, NCAT handed down its decision in the review brought by Mr Wang and PSMG under the Act.
The key outcomes of the decision are:
- Mr Wang has been reprimanded and his licence will be cancelled from 29 July 2025.
- Mr Wang is also disqualified from being involved in the direction, management or conduct of the business of a licensee for 12 months, from 29 July 2025.
- PSMG has been reprimanded and fined $15,000.
- PSMG may still operate but will need a new licensee in charge.
A full copy of the NCAT decision can be found at PSMG Pty Limited v Commissioner for Fair Trading - NSW Caselaw.
Contact us for support
If you are impacted by the conduct of PSMG and Mr Wang as a strata managing agent and seek information or advice, you can Make a Strata or Property Services enquiry to Fair Trading.
It is our priority to support impacted strata schemes during this time.
Strata schemes affected are being contacted with information.
We are emailing the chairperson or secretary of your owners corporation (if listed in the Strata Hub) and they can expect updates from us whenever there are important developments. Please reach out to them or contact Fair Trading with any questions you may have via the enquiry link above.
To make a complaint about a strata manager, refer to our information on complaints about a strata or building manager.