14 July Timetable set for Real Estate Industry Award review July 14, 2016 By Reef Admin Real Estate Industry Award 0 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. As previously explained, there are several applications from the real estate unions that seek to introduce major changes to the set of employment conditions under the Real Estate Industry Award. The key matters that the Fair Work Commission will now be asked to determine are: Whether the minimum rates of pay for all classifications under the Award should be increased on "work value" grounds. If the application by the South Australian union succeeds, the minimum base rate of pay for a real estate salesperson will increase by around $65 per week. Whether the debit-credit commission system should be allowed to continue in its current unrestricted form. The South Australian union is attempting to significantly restrict its operation and limit the items that can be debited under the arrangement. Whether the commission-only arrangement should be underpinned with a safety net in the event the salesperson does not earn by way of commission on sales at least the amount that would have been received had the employee been employed as a salaried salesperson. The Australian Property Services Association's application will effectively spell the end of commission-only employment, except in extraordinary circumstances. These matters will now be reviewed by the Fair Work Commission over four days of hearing from 21-24 November 2016. The timetable set by the Commission includes the filing of evidence and witness statement by 27 July 2016 from any party seeking a substantive change to the Award. A party opposing the proposed change(s) must file its evidence and witness statements by 28 September 2016. How REEF responds to the above applications for change will very much depend on the evidence that the unions produce. A united front from employer groups REEF and Victorian employers have decided to jointly brief a well-respected Barrister to present the best possible defense to the unions' claims. It may be that the industry employer organisations in Queensland and South Australia will also join this brief. The costs associated with legal representation in this case will be significant, but as this review presents the most significant industrial threat to the industry since the 1960s, the best possible representation is considered crucial if a successful outcome is to be achieved on behalf of our members. As this matter moves towards a conclusion, we will keep members informed of developments and, in particular, any evidentiary support that we may need from you to support our opposition to the unions' claims. 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. Real Estate Industry Award review gets serious 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. 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.