Bureaucrats continue to ignore small business

The Real Estate Institute of Australia (REIA)is bitterly disappointed that a decision on national licensing for the property profession is being driven by a deadline to suit bureaucrats rather than a desire to make the most informed decision.

REIA President, Mr Peter Bushby says, “In April of this year, we were told that the Council of Australian Governments (COAG) had agreed to a request for state-based consultation on the yet to be released Decision Regulatory Impact Statement (DRIS), to better inform decision-makers of stakeholders’ views.”

“COAG acknowledged that the views of stakeholders were integral and would be taken into consideration in the decisions made. We were told that the consultation would be objective and would be carried out over a three month period.”

“Because of delays in the completion of the DRIS, we are now told by the National Occupational Licensing Authority (NOLA) that the consultation period will be less than half what was initially promised! The consultation is to be completed by the end of August yet the DRIS has not yet been released.”

“This is utterly unacceptable.”

“We are asking the states and territories to provide a three month period of face-to-face consultation with stakeholders. To do so will not interfere with COAG’s intent to have a decision at the Standing Council on Federal Financial Relations (SCFFR) meeting in November.”

“The decisions made in the coming months will have a lasting impact on the standards of the profession and on consumer protection. These are not decisions to be rushed,” concluded Mr Bushby.

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 also wants real estate to be moved to the second tranche of national licensing with the other property occupations.


The Australian Business Executive (The ABE) provides an in-depth view of business and economic development issues taking place across the country. Featuring interviews with top executives, government policy makers and prominent industry bodies The ABE examines the news beyond the headlines to uncover the drivers of local, state, and national affairs.

All copy appearing in The Australian Business Executive is copyrighted. Reproduction in whole or part is not permitted without written permission. Any financial advice published in The Australian Business Executive or on TheABE.com.au has been prepared without taking in to account the objectives, financial situation or needs of any reader. Neither The Australian Business Executive nor the publisher nor any of its employees hold any responsibility for any losses and or injury incurred (if any) by acting on information provided in this magazine. All opinions expressed are held solely by the contributors and are not endorsed by The Australian Business Executive or TheABE.com.au.

All reasonable care is taken to ensure truth and accuracy, but neither the editor nor the publisher can be held responsible for errors or omissions in articles, advertising, photographs or illustrations. Unsolicited manuscripts are welcome but cannot be returned without a stamped, self-addressed envelope. The publisher is not responsible for material submitted for consideration. The ABE is published by Romulus Rising Pty Ltd, ABN: 77 601 723 111.


© 2023 - The Australian Business Executive. All rights reserved. A division of Romulus Rising Pty Ltd, an Australian media company (www.RomulusRising.com).