This article about a fine handed down to a "Property Finder" made me think of the item on "Spotters" that I posted last week. This is where there will be much attention over the next year - as Mel Hewitson commented in her blog a few weeks ago. This is also a good way to build confidence and respect with those advisers who got with the programme and became registered.
The comparison of the fine for failing to be registered (in this case $30,000) with the fine for un-professional conduct ($600) is completely beside the point. In the latter case the unprofessional conduct carries with it it's own penalty: the clients probably thought the agent was an idiot and didn't do business with him or her. Whereas the penalty for not being registered needs to reflect the length of time and repeated nature of what might be a long term and considered attempt to circumvent the rules.
Now what I really want to see if a case which clarifies the rather extensive 'normal course of business' exemptions given to real estate agents to give financial advice.