Based on information provided by NSW regulator on 29 February 2012
Processing component ($185) and licence component ($204) for both individuals and corporations
Vic
$ per licensee
$507.95
Business Licensing Authority Victoria, Fees, www.bla.vic.gov.au/find/fees/#Estate
Average of individual licence fee ($372) and company licence fee ($644)
Qld
$ per licensee
$1,628.45
Office of Fair Trading, License Types, www.fairtrading.qld.gov.au/property-agent-licence-types.htm
Average of individual licence fee ($2106) and corporate licence fee ($1151) Criminal history check fee ($36) excluded
WA
$ per licensee
$944
Department of Commerce, Licensing fees, www.commerce.wa.gov.au/consumerProtection/Content/Licences/Real_Estate_Industry/Licensing_fees.html#reba
The average of an individual fee ($688 licence fee and $150 contribution to fidelity guarantee account) and a company fee ($900 licence fee and $150 contribution to fidelity guarantee account)
Advertising fees have not been included as this has been accounted for under the impact of removing advertising requirements
SA
$ per licensee
$586.70
Consumer and Business Services, Fees for licensing – land agents, www.ocba.sa.gov.au/licensing/fees.html#Land_Agents_Act_1994
Average of individual fee ($244 application fee and $298 pre-grant fee) and body corporate fee ($244 application fee and $449 pre-grant fee)
Tas
$ per licensee
$612
Property Agents Board, Fees and charges, www.propertyagentsboard.com.au/feesandcharges.htm
Average of individual fee ($136 application fee and $408 licence fee) and company fee ($272 application fee and $408 licence fee)
ACT
$ per licensee
$637
Justice and Community Safety, Forms and fees, www.ors.act.gov.au/business/agents/forms_and_fees
Application fee for agent licence ($637)
NT
$ per licensee
$351
Department of Justice, Licensing,regulation and alcohol strategy factsheet, www.nt.gov.au/justice/licenreg/documents/schedule_of_fees/fs_pal_fees.pdf
Application fee for real estate agents ($351)
Table 4.45: Licence fees –agent’s representative
Assumption
Unit
Value
Source
Cost of licence fee –agent’s representative (new licence fee)
NSW
$ per licensee
$117
Based on information provided by NSW regulator on 29 February 2012
Salesperson certificate ($117)
Vic
$ per licensee
$0
Employer registration scheme – no licence fee applies
Qld
$ per licensee
$445.55
Office of Fair Trading, License types, www.fairtrading.qld.gov.au/property-agent-licence-types.htm
Real estate salesperson ($445.55)
WA
$ per licensee
$222
Department of Commerce, Licensing fees, www.commerce.wa.gov.au/consumerProtection/Content/Licences/Real_Estate_Industry/Licensing_fees.html#reba
Sales representatives – registration ($177) and contribution to fidelity guarantee account ($45)
SA
$ per licensee
$191
Consumer and Business Services, Fees for licensing – land agents, www.ocba.sa.gov.au/licensing/fees.html#Land_Agents_Act_1994
ACT
$ per licensee
$191
Information provided by the ACT in June 2012
NT
$ per licensee
$66
Department of Justice, Licensing, regulation and alcohol strategy factsheet, www.nt.gov.au/justice/licenreg/documents/schedule_of_fees/fs_pal_fees.pdf
Table 4.46: Renewal licence fees – real estate agent
Assumption
Unit
Value
Source
Cost of renewal licence fee – real estate agent
NSW
$ per licensee
$264
Based on information provided by NSW regulator on 29 February 2012
Processing component ($60) and licence component ($204) for both individuals and corporations
Vic
$ per licensee
$298
Business Licensing Authority Victoria, Fees, www.bla.vic.gov.au/find/fees/#Estate
Average of individual annual licence fee ($186) and company annual licence fee ($409)
Qld
$ per licensee
$570.65
Office of Fair Trading, License types, www.fairtrading.qld.gov.au/property-agent-licence-types.htm
Average of individual licence fee ($2106) and corporate licence fee ($1151)
Criminal history check fee ($36) excluded
WA
$ per licensee
$442
Department of Commerce, Licensing fees, www.commerce.wa.gov.au/consumerProtection/Content/Licences/Real_Estate_Industry/Licensing_fees.html#reba
Renewal fee for individual or company ($442)
SA
$ per licensee
$370
Consumer and Business Services, Fees for licensing – land agents, www.ocba.sa.gov.au/licensing/fees.html#Land_Agents_Act_1994
Average of individual periodic fee ($298) and body corporate periodic fee ($449)
Tas
$ per licensee
$408.40
Property Agents Board, Fees and charges, www.propertyagentsboard.com.au/feesandcharges.htm
Real estate agent fee ($408)
ACT
$ per licensee
$637
Justice and Community Safety, Forms and fees, www.ors.act.gov.au/business/agents/forms_and_fees
Application fee for agent licence ($637)
NT
$ per licensee
$351
Department of Justice, Licensing, regulation and alcohol strategy factsheet, www.nt.gov.au/justice/licenreg/documents/schedule_of_fees/fs_pal_fees.pdf
Employer registration scheme – no licence fee applies
Qld
$ per licensee
$445.55
Office of Fair Trading, License types, www.fairtrading.qld.gov.au/property-agent-licence-types.htm
Real estate salesperson ($445.55)
WA
$ per licensee
$145
Department of Commerce, Licensing fees, www.commerce.wa.gov.au/consumerProtection/Content/Licences/Real_Estate_Industry/Licensing_fees.html#reba
Fee for sales representatives
SA
$ per licensee
$191
Consumer and Business Services, Fees for licensing – land agents, www.ocba.sa.gov.au/licensing/fees.html#Land_Agents_Act_1994
ACT
$ per licensee
$191
Based on information provided by the ACT in June 2012
NT
$ per licensee
$66
Department of Justice, Licensing, regulation and alcohol strategy factsheet, www.nt.gov.au/justice/licenreg/documents/schedule_of_fees/fs_pal_fees.pdf
Processing component of licence fees
Table 4.48: Processing application component of new licence fees
Assumption
Unit
Value
Source
Processing application component of new licence fees
Processing fee component (other than NSW)
%
27.67%
PricewaterhouseCoopers, Estimating financial impacts of the national occupational licensing system: final report, August 2009, p. 24
Based on estimates of the efficient processing component of licence fees from a survey of regulators undertaken in 2009 (specific to licensing of property occupations)
Estimate percentage based on licence processing cost as a proportion of fee revenue
NSW – agents
$
$185
Based on information received from NSW regulator on 29 February 2012
NSW – reps
$
$76
Based on information received from NSW regulator on 29 February 2012
Table 4.49: Processing application component of renewal licence fees
Assumption
Unit
Value
Source
Processing application component of renewal licence fees
Processing fee component (other than NSW)
%
27.67%
PricewaterhouseCoopers, Estimating financial impacts of the national occupational licensing system: final report, August 2009, p. 24
Based on estimates of the efficient processing component of licence fees from a survey of regulators undertaken in 2009 (specific to licensing of property occupations)
Estimate percentage based on licence processing cost as a proportion of fee revenue
NSW – agents
$
$60
Based on information received from NSW regulator on 29 February 2012
NSW – reps
$
$38
Based on information received from NSW regulator on 29 February 2012
SA
$
$5
Based on information received from SA regulator in June 2012
