The Real Estate Institute of Australia (REIA) says the National Occupational Licensing Authority (NOLA) has it wrong when it comes to Compulsory Professional Development (CPD) in the real estate profession. The Decision Regulation Impact Statement, currently released for discussion, recommends that CPD should not be mandated. REIA President Peter Bushby says “The benefits of mandatory CPD are real and documented and NOLA claiming the contrary is a continuation of the misinformation being peddled and the aggressive advocacy for national licensing.”