The Real Estate Institute of Australia (REIA) says it is astonished that the Productivity Commission would propose that COAG adopt a rushed deadline to implement an ineffective legislative scheme that ‘dumbs down’ the real estate profession.
The President of the REIA, Mr Peter Bushby, said that REIA believes that mutual recognition is the answer rather than creating a centralized bureaucracy through the National Occupational Licensing Authority (NOLA) which is wasting millions of taxpayer dollars a year.