CPD Training requirements for licensed agents from March 2020
Comments below that have been italicised, underlined and bolded are mine – to show significant changes to the way things are being done by NSW Fair Trading. The content below is from NSW Fair Trading website as at 03 February, 2020.
Compulsory topics – 3 hours per year
Compulsory topics are determined by NSW Fair Trading in consultation with industry and are delivered by industry associations, government agencies and other providers approved by Fair Trading.
Important: NSW Fair Trading is currently developing a process to allow organisations to apply for approval to deliver compulsory CPD. This process will be released in early 2020 (it is now into February, and there has been nothing from NSW FT on this “process”!)
Compulsory topics will change each CPD year. Between 23 March 2020 and 22 March 2021, the compulsory topics are:
Details of providers delivering the compulsory topics will be available from Fair Trading’s website before the start of the CPD year. (CPD year commences on 23rd March – and that is just 7 weeks away)
Elective topics – 3 hours per year
Elective topics may be delivered by any training provider. The provider does not need to be approved by Fair Trading. (and does not need to be an RTO)
A class 1 or class 2 licence holder may choose to undertake their elective CPD from any provider that delivers training in:
A class 2 licence holder may also choose elective topics relating to:
For class 2 licence holders, the completion of one unit from the CPP50307 – Diploma of Property Services (Agency Management) is equivalent to 3 hours of elective topics.