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REIQ Journal : September 2008
INDUSTRY NEWS 7 National licensing to become a reality During July, the Council of Australian Governments (COAG) agreed to establish a national trade licensing system that will remove inconsistencies across State borders and allow greater mobility within the workforce. A national licensing system will encompass standardised educational requirements, which will make mutual recognition between states more meaningful. COAG will initially apply the system to a number of “economically important” trades – including property agent occupations – and stakeholder consultation is currently under way. The Commonwealth, states and territories are collaborating to develop an Intergovernmental Agreement (IGA), which will include the arrangements for national licensing. Relevant stakeholders, including the REIA, are being consulted throughout this process ahead of COAG’s December meeting. REIQ and REIA director Pam Bennett is chair of the REIs’ National Education and Licensing Committee and said lengthy negotiations had taken place for all of the state-based REIs to come on board. “This system will mean real estate professionals have the flexibility to travel interstate and maintain their livelihood without costly, bureaucratic licensing barriers. “It makes sense that, regardless of the industry, the costs of licensing is streamlined and the bureaucratic processes are minimised,” she said. The IGA will include a set of national licensing reform principles, which will take into account the objective of reducing regulatory burden while ensuring ongoing consumer protection. Boost your listings and drown out your opposition with Splash Displays. Catch the listings wave with the web @ your window Our LCD screens are linked to the web providing impressive moving property presentations of your current listings. Our Displays offer these advantages: • Instant attention grabbers • Cutting Edge Technology • Always up to date. The power of the internet can now be placed right there in your front window. call 1300 554 707 or visit splashdisplays.com.au REIQ Journal September 2008 SPL16600