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Consumers Ignored In National Licensing Report

15 Jul 13

The Real Estate Institute of Australia is bitterly disappointed that the Council of Australian Governments (COAG) seems determined to dilute standards within the real estate profession.

The COAG National Licensing Steering Committee released its 264 page Decision Regulatory Impact Statement (RIS) on national licensing late this afternoon.

"As expected, COAG has dumbed down qualifications with agents going from Diploma level (in four states and territories) to a Certificate IV and auctioneers plummeting from REIA’s recommended 12 units to just three."

"There’s no mandated Compulsory Professional Development as is the case in four states and territories and no certainty over how the licensing of commercial agents will operate."

"If COAG continues on this path, the biggest risk is to the consumer. I simply do not understand why the needs of the Australian public have not been taken into account in this process. The Decision RIS mentions consumers but then comments this is difficult to quantify and that they have been excluded from the analysis."

"The states and territories will provide their own consultation sessions with stakeholders in coming weeks."

"I urge the state and territory Treasurers to listen to industry and include consumers in their deliberations."

"The REIA Board will meet to thoroughly analyse the contents of the Decision RIS but we are aghast that there is very little change between the Decision and the initial Consultation RIS."

"What’s the point of consultation when the views of industry are not listened to. There was overwhelming opposition to the initial proposal from the real estate profession."

"REIA wants a national licensing system which requires real estate agents to achieve a diploma level for licensing, requires compulsory continuing professional development and requires licensing for commercial agency work."

"REIA wants real estate to be moved to the second tranche of national licensing with the other property occupations so that the matters raised can be adequately addressed – something that has not yet been done."

"It is jaw dropping that the state-based mutual recognition option was thrown overboard in favour of centralised control by a multi million dollar bureaucracy created federally – the National Occupational Licensing Authority (NOLA)."