OFT CPD Requirements
If you hold a Queensland property industry licence or registration, it’s important to stay on top of your Continuing Professional Development (CPD) requirements each year. We’ve put together a quick guide to help you understand what’s required, why it was introduced, and how to stay compliant.
Why CPD Was Introduced
The CPD framework was introduced by the Queensland Office of Fair Trading (OFT) to lift professional standards across the property industry. The goal is to ensure licensees and registered professionals remain up to date with legislative changes, compliance obligations, trust accounting requirements, and best practice in agency operations.
By requiring ongoing training each year, the OFT aims to:
- Improve consumer protection
- Reduce compliance breaches and trust account errors
- Keep industry participants current with law and practice changes
- Promote more consistent professional standards across the sector
Your CPD Year
Your CPD year is not based on the calendar year; it is based on the date your licence or registration was originally issued.
This means your CPD cycle may run, for example, from June to June, or October to October. To confirm your exact CPD year start and end dates, you can use the official OFT CPD calculator.
CPD Session Requirements
Each CPD year, you must complete 2 approved CPD sessions to maintain your licence or registration.
You can complete either:
- 1 × Type 1 session and 1 × Type 2 session
- OR
- 2 × Type 1 sessions
Only CPD sessions that are specifically approved for Queensland by the OFT will count. Training approved in other states will not be accepted for Queensland compliance.
Type 1 sessions generally focus on high-priority compliance and regulatory topics, while Type 2 sessions usually cover broader professional development and industry skills.
Where to Complete CPD Training
Most CPD training is provided by approved private providers and is typically paid training. Some easy click options include:
- Aspire Performance Training – from approx. $120 + GST per session
- REAA (Real Estate Academy Australia) – CPD package options
- REIQ – member and non-member CPD course offerings
Each provider lists whether a session is Type 1 or Type 2, so you’ll need to select sessions that satisfy your annual requirement.
Record Keeping Requirements
After completing each CPD session, the provider must give you proof of completion (such as a certificate or statement of attainment).
You are required to:
- Keep your CPD completion records for at least 5 years
- Provide them to the OFT if requested
- Ensure sessions are completed within your CPD year (not carried forward — this needs to be done every year)
Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.
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