Media Releases

Property market dodges bullet as state governments withdraw national licensing support

13 December 2013
The decision by the Council of Australian Governments (COAG) members to disestablish the National Occupation Licensing Authority (NOLA) from early 2014 is in the best interests of consumers, according to the Real Estate Institute of New South Wales.

At today’s (13 December 2013) COAG meeting and following extensive state-based consultation, the majority of states decided not to pursue the proposed National Occupational Licensing Scheme reform.

“Most jurisdictions identified a number of concerns with the proposed NOLS [National Occupational Licensing Scheme] model and potential costs. States instead decided to investigate approaches that would increase labour mobility and deliver net benefits for businesses and governments,” COAG said in a communiqué following the talks.

“The states agreed to work together via the Council for the Australian Federation (CAF) to develop alternative options for minimising licensing impediments to improving labour mobility and to manage the orderly disestablishment of the NOLA from early 2014.”

REINSW CEO Tim McKibbin said the model proposed by NOLA was contrary to the uniform position of REINSW and other stakeholder groups across Australia.

“NOLA’s insistence on reducing standards across the profession has been vigorously resisted by REINSW, and now the COAG members,” Mr McKibbin said.

“We need national licensing, and the decision by COAG members to work together via the CAF and disestablish the NOLA from early 2014 is welcomed.

“COAG members are acting in the best interest of consumers, industry and the real estate profession.

“REINSW has led the discussion on this important issue with its lobbying efforts at both a NSW and national level, however today's victory would not have been possible without the support of our members and other property associations and industry stakeholders.

“The property market has clearly dodged a bullet,” Mr Mckibbin said.

“In the coming months we will continue to work with both the State and Federal Governments to develop a national framework that will meet the expectations of a modern market and dynamic profession,” Mr McKibbin said.

For further information or to arrange an interview with REINSW CEO Tim McKibbin, please contact: Helen Hull – 0419 642 961 or media@reinsw.com.au