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News & Events

Keep up to date with what's going on at the Institute

The Institute always has so much going on - why not stay up to date with our News & Events? Covering a wide range of topics from new courses, students, institute charity nights and much more. This page is updated on a regular basis and is used by the Institute to stay in contact with the Connect Skills Community.

  • 08Nov 2016
    Real Estate & Property - Reform paper

    Since the current Property Stock & Business agents act was introduced to law, the commercial landscape has changed dramatically. The licencing framework for the real estate sectors last full review was back in 1997. According to the Australian Bureau of Statistics, the real estate sector in New South Wales is worth more than $15 billion dollars per annum to the economy.

    On Saturday 5th November 2016, Victor Dominello, Minister for Innovation & better Regulation, published the "Real Estate & Property Services Industry Reform Paper". In short its objectives are:

    • NSW Governments vision for the industry for the future
    • Short / long term changes to the sector
    • Proposed revised training pathways
    • Greater transparency and accountability
    • Opportunities for co industry regulation
    • Improved trust account processes
    • More effective discipline measures
    • Independent dispute resolution
    • Digitisation of the sector

    We suggest all agents have a read and give input to help shape the future of the property industry.

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