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FAPSTC welcomes Renee Burns

FAPSTC is delighted to announce that Renee Burns has joined the team to work alongside Harpreet Kaur as an Industry Engagement Manager. Renee comes with many years of experience in the training sector and small business development in the personal services area. Renee lists as her greatest achievement her development of short courses for low-skilled...

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ASIC opens Australian Banking Association code consultation

The Australian Securities and Investments Commission (ASIC) has opened consultation on the Australian Banking Association’s (ABA) proposed changes to its Banking Code of Practice. This is the first time ASIC is undertaking a public consultation since approving the code in 2019.   ASIC is seeking to ensure that the code continues to provide real benefits to...

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Western Australian finalists and winners in the Australian in National Training Awards

WA was well represented by Finalists and Medal winners at the National Training Awards held in Hobart in November All WA Finalists and winners are listed below. Finalists:  Hannah Morrison in the Trainee of the Year category,  Anthony Georgeff as Excellence in Literacy, Language and Numeracy VET Teacher/Trainer of the year category,  Robert Nicolosi Finalist...

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Quality concerns for real estate training

The national regulator for training, ASQA (Australian Skills Quality Authority), has raised concern about the enrolment, delivery, and assessment of Certificates IV in Real Estate Practice (CPP41419) and Strata Community Management (CPP40521), and the Diploma of Property (Agency Management) (CPP51122), based on stakeholder reports. Industry and regulators have also highlighted a lack of information about...

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The Advisers Association calls to remove financial adviser exam

At present, Financial Advisers are required to sit an exam to establish a level of professional competence in addition to attaining a tertiary qualification. The Advice Association agrees that the financial adviser exam was necessary initially as not all professionals met the Financial Adviser Standards and Ethics Authority (FASEA) recognised tertiary qualifications. Recent graduates however,...

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2024 Centre for Transformative Work Design Conference

The Centre for Transformative Work Design’s inaugural conference, ‘Work Design for Success: Innovative Research and Leading-Edge Practice‘ will be held between 12-14 February 2024 in Perth. The 3-day event aims to inspire discussions around creating healthier, happier, and more productive workplaces. The 3-day event, designed for Human Resource Professionals and senior managers, will cover topics...

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National classification of occupations under review

The Australian Bureau of Statistics is reviewing the Australian and New Zealand Classification of Occupations (ANZSCO) to ensure that the occupations listed accurately reflect a contemporary labour market. The ANZSCO is integral in Australian Government policies around educational pathways, skilled migration programs and workforce strategies. Consultation is currently open for round 3 and closes on...

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Government urged to put financial literacy on the curriculum for all high school students

The Women’s Economic Equality Taskforce has released its 10-year-plan with seven recommendations to address inequality in the Australian economy. As the Training Council with coverage of the Finance sector, FAPSTC is most excited about Recommendation six, which supports the introduction of financial literacy training in schools for all students to assist them in navigating milestones in...

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New appointment at the Department of Justice

The Minister for Corrective Services, Hon. Paul Papalia, announced the appointment of Brad Royce APM as the new Corrective Services Commissioner at the Western Australian Department of Justice. A major overhaul of the Department of Justice management structure is also underway, which will include the splitting of the Deputy Commissioner position for Women and Young...

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More employers look to professional year Financial Advisers to scale business

A publication in the Independent Financial Adviser (ifa) reports a growing trend where organisations employ Financial Advisers who are still undertaking their professional year as a key strategy to drive growth and cater to an ever-growing volume of clients. This bodes well for aspiring financial planners as they are increasingly being seen as viable recruits,...