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CEO's message
REINSW has been actively participating in both the National Occupational Licensing System (NOLS) and the Conduct Harmonisation Project (the Project), which is designed to complement NOLS.
We continue to wait for the public release of the Regulatory Impact Statement (RIS), which is the next phase of the project. When the RIS is released it will enable REINSW, and for that matter other Real Estate Institutes nationally, to have further input into the development of the legislative instruments that will govern licensing and the practice of real estate in Australia.
Given that we have not yet sighted the RIS, it appears unlikely that the nominated start date of 1 July 2012 is achievable.
REINSW is supportive of both NOLS and the Project, however our support is focused on creating the best system for the industry, consumers and the industry’s professional service providers.
To achieve this outcome, those with carriage of NOLS and Project need to engage and consult broadly with all stakeholders. This will, of course, take time and REINSW is concerned that slavish adherence to predetermined timing milestones may take precedence over striving for the creation of a better system.
We will, of course, keep members informed of developments in relation to this important issue.
It is rumoured that continuing professional development (CPD) will no longer be required as a pre-condition for certificate and licence renewal under NOLS. That, if adopted, runs contrary to the uniform and vocal position of the Real Estate Institutes across Australia.
If the rumours prove to be true and the regulator proceeds in this direction, then the REINSW Board will carefully consider the training expectations and requirements of its members. It is clearly in the interest of consumers of property services and the reputation of the professional generally that members are cognisant of contemporary legislative, practice and technological developments.
It is an implied term of all agreements between a professional service provider and their client that the advisor is aware of all matters pertaining to those services. Accordingly, it is incumbent upon the professional service provider to dedicate sufficient time toward maintaining their skills and knowledge.
Training should never be a chore or a matter of compliance. If it is, then you are doing the wrong training. Good training is an investment in the asset that is you, and it should be sought out and embraced.
The REINSW Board will seek input from members in relation to training expectations and the means by which members, through continuing training, can differentiate themselves from non-members in their market.
It is clearly an interesting and challenging time for agency practice.
Members are reminded that completion of CPD is currently remains mandatory for certificate and licence renewal. Until the NOLS position becomes clear, agents must complete their CPD.
If you need to clarify your personal circumstances, please contact REINSW by calling (02) 9264 2343 or emailing training@reinsw.com.au
Tim McKibbin
REINSW CEO
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