18 June Real Estate Industry Award review gets serious June 18, 2016 By Reef Admin Real Estate Industry Award 0 One subject that seems to have been a continual focus of attention for the past 18 months is the review of the Real Estate Industry Award by the Fair Work Commission. This is a statutory review that must take place every four years. As reported previously, there are a number of applications to change certain provisions in the Award. These applications will be heard before a Full Bench of the Fair Work Commission. The Commission will, based on evidence presented at the hearing, then decide the industrial future of our industry. The most contentious issues that the Fair Work Commission will have to consider are: increases to the minimum rates of pay for all Award classifications; the abolition of the debit-credit commission system; the underpinning of commission-only employment with a minimum salary safety net; and the ability for commission-only employees to be engaged as casuals. The above matters have been detailed in previous articles and have been the subject of discussion at our annual member presentations. It seems that finally we are approaching the serious stage of the Award review process. The Full Bench that will ultimately determine the industrial future of our industry has now been established. The first conference before the head of the Full Bench was on 19 May 2016. This was a programming exercise to agree on dates for the presentation of evidence and hearing submissions on the issues in dispute. Once we have a better understanding of the timetable for the Fair Work Commission’s management of our Award review process, we will determine what evidence REEF should bring in an attempt to rebut the claims by the unions as well as support its own claim for casual commission-only employment. The remainder of 2016 is certainly shaping up as a challenging time as the outcome of the review will clearly be a watershed event for our industry. We will keep you informed as this most important process intensifies throughout the year! Related Real Estate Industry Award: Out with the old, in with the new After a long battle, the Fair Work Commission has now finalised the four-year award review and the new Real Estate Industry Award will commence on 2 April 2018. Here's what you need to know before the changes kick in. Timetable set for Real Estate Industry Award review Over the last 18 months, a lot has been written and discussed in relation to the statutory four-year review of our Real Estate Industry Award. At long last, the review is scheduled to reach a conclusion in November 2016. Don't be left in the dark: New industry award starts on 2 April 2018 After a long battle, the Fair Work Commission has now finalised the four-year review and the Real Estate Industry Award 2015 will commence on 2 April 2018. Big changes are ahead. Here's what you need to know. REEF President gives 2017 annual report at AGM At the recent AGM, REEF President Fred Andriessen presented his annual report and provided a snapshot of just some of the activities REEF has been involved in over the course of 2017. Fair Work Commission hands down Award review decision The wait is over! The Fair Work Commission has handed down its decision regarding the statutory review of the Real Estate Industry Award. Here are the details. 2017 real estate industry rates of pay now available The minimum rates of pay for employees engaged under the Real Estate Industry Award 2010 and the Clerks – Private Sector Award 2010 have been announced. Comments are closed.