Framework for consistent legislation

The Real Estate Institute of Australia advocates consistent, if not uniform, legislation across all States and Territories as being essential for real estate best practice, business development and the consumer.

The industry supports regulation by way of licensing/registration and associated educational qualifications. The education standards(s) must be an integral part of licensing and registration. There should be agreed competency based education levels for both licensing and registration that will be consistent among all jurisdictions and comply with mutual recognition arrangements.

The REIA has developed a national policy on education and licensing aimed at achieving nation-wide consistency. This approach should build on the considerable progress that has been made through the national training reform agenda over the last few years.
Click here to see the REIA education and licensing policy (.doc 130 KB).

A review of State and Territory legislation has revealed that there are major differences in real estate practice across Australia. For example, there are differences in licence categories, licence qualifications and education.

Consistent outcomes will enhance consumer confidence and industry professionalism. There are no boundaries on the business map!

The Real Estate Institute of Australia has provided a submission to the review by the Productivity Commission on the Mutual Recognition Agreement, and continues to work with the Government regulators. Click here for a copy of the submission.

Federal and State government regulators agreed in 2003 to undertake a review of education and licensing in real estate practice, with a report to be prepared by the end of 2004. To see the issues paper for the review, click here (.doc 292 KB).
To see the REIA response to the issues paper, click here (.zip file,82 KB).

For further information contact the REIA Secretariat at reia@reiaustralia.com.au

September 2007