The Australian Payments Clearing Association (APCA) is seeking submissions on, amongst other things, the use of cheques in an evolving payments system where the use of cheques, in general, is declining with electronic payments being preferred for many, but not all, transactions. The REIA notes...

The Commission’s Issue Paper deals with the review of the Mutual Recognition Agreement (the MRA) and the Trans-Tasman Mutual Recognition Arrangement (the TTMRA).

The overriding objectives of the proposed standards are to be flexible and responsive to industry, less onerous, reduce costs for RTOs and less of a regulatory burden for RTOs. Furthermore the national training system is to be industry led, using appropriately skilled trainers and assessors...

The Real Estate Institute of Australia (REIA) welcomes the opportunity to provide a response to the Consultation Regulation Impact Statement Proposal for National Licensing for Property Occupations (RIS). This submission is endorsed by REIA’s member REIs, representing 80% of the Australian real estate profession.

REIA is firmly of the view that the size of deposit covered by the Financial Claims Schemeshould not be reduced from its current level of up to $1 million per depositor per authoriseddeposit-taking institution.