Fitness Requirements for Real Estate and Settlement Agent Licences
Property Industry Licensing Legislation Amendment Bill 2026
Legislative Assembly
Legislative Council
Assent
Topics
business agents consumer protection industry regulation professional licensing real estate settlement agents
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The Commissioner must check if an individual's business licence was suspended or cancelled for misconduct in the last 5 years before granting a new licence.
The Commissioner must apply the same 5-year misconduct check to members of a firm applying for a licence.
Authorised officers can issue infringement notices for offences under the Real Estate and Business Agents Act and the Settlement Agents Act.
The 2016 codes of conduct for real estate and settlement agents are repealed.
The Commissioner can approve new qualifications for agents and sales representatives; these must be published online.
Real estate licensees must pay a late fee if they apply to renew their triennial certificate after the expiry date.
The Debate
What different members said when this bill was debated:
Dr Tony Buti ALP
“I move: That the bill be now read a second time. The Property Industry Licensing Legislation Amendment Bill 2026 will amend the Real Estate and Business Agents Act 1978 (REBA act) and the Settlement Agents Act 1981 (SA act) to support businesses by streamlining processes and improving efficiency in relation to qualifications, continuity of licences and certificates of registration.”