New CPD framework - what you need to know
There are no longer points for CPD, it is now determined by hours. CPD is no longer attached to your licence renewal.
You can renew your licence with NSW Fair Trading when it is due without having completed any CPD hours. However, each year licensed agents need to undertake six hours of CPD training:
- Three hours of compulsory* topics training prescribed by NSW Fair Trading (changes annually) and
- Three hours of elective training which must be relevant to your area of practice.
The CPD year is a prescribed period 23 March – 22 March the following year.
From March 2021 Licensees in Charge need to undertake an additional three hours of elective CPD training related to business management. (Nine CPD hrs in total)
Instead of the above CPD training, Assistant Agents are instead required to complete at least three units of competency from the Certificate IV qualification.
*Only approved training providers such as REINSW can deliver the compulsory CPD topics training.
Still unsure of what you have to do? You can Learn more on the Fair Trading website or contact us.