FNS50315 Diploma of Finance and Mortgage Broking Management

Supersededtraining.gov.au: supersededNonEquivalent

The currency period for FNS50315 ended on 31 January 2021 — 5 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockOpen for new enrolmentsClosing to new enrolments soonClosed to new enrolments

For an RTO registered by ASQA, new enrolments are not permitted today, unless ASQA has approved otherwise — for your organisation, for a class of RTOs, or for all RTOs. The one-year point this rule counts from — one year from the date the replacement was included on the National Register — fell earlier, on 2 February 2022. That date is arithmetic, not a day on which this instrument prohibited anything: s 14(1)(a)(i) of the National Vocational Education and Training Regulator (Compliance Standards for NVR Registered Training Organisations and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355) commenced on 1 July 2025 and imposes nothing before then. RTOs registered by VRQA in Victoria or by the TAC in Western Australia are not covered by it.

Learners already enrolled have no fixed deadline: they complete the product and are issued their AQF certification, or transfer to the replacement, in a timely manner (ASQA guidance, read live 25 August 2026).

A second obligation follows from the same fact: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. For an RTO registered by ASQA, new enrolments in this product are not permitted today, so a course page advertising it is not permitted either — and if ASQA approves a later enrolment date, that moves with it.

Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

For an ASQA-registered RTO that does not already hold it, adding the replacement to scope is a change-of-scope application to ASQA, with a fee set by law: A$200 application fee + A$1,100 assessment fee per application (up to 5 VET courses and 50 units of competency). RTOs registered by a state regulator, and ASQA delegates, sit under other arrangements. Source: NVR Fees Determination 2026, F2026L00814, from 1 July 2026 · read 5 September 2026.

Product type
Qualification
Training package
FNS — Financial Services Training Package
Currency period ends
31 January 2021
Latest release
Release 5 · 13 February 2018 · 5 releases in all
Supersedes
FNS50311
Superseded by
FNS50320 not equivalent

Where the register points next

Each step below is one supersession training.gov.au publishes between two products. The label on the rail is the equivalence the register declares for that step — not our reading of it.

  1. FNS50315Superseded — not equivalentDiploma of Finance and Mortgage Broking Management
  2. not equivalent
  3. FNS50320Superseded — equivalentDiploma of Finance and Mortgage Broking Management
  4. equivalent
  5. FNS50322CurrentDiploma of Finance and Mortgage Broking Management

What the register says changed

These are the mapping notes training.gov.au attaches to each supersession, quoted as the register writes them. They are the only public record of what actually changed between two versions.

  • FNS50311FNS50315equivalent24 March 2015

    Updated to meet Standards for Training Packages.

  • FNS50315FNS50320not equivalent1 February 2021

    The register records this supersession but attaches no note on what changed.

Official documents on the register

What training.gov.au lists for FNS50315 and for its training package FNS (release 8.2), with the name and date the register publishes for each file. We link them; we have not read them, and nothing on this page is taken from their contents.

Is FNS50315 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS50315 sits on your own scope today, or what else on that scope has moved without anyone noticing. Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.

Public code, nothing else. We read your live scope from training.gov.au and answer here — we keep neither the code nor the answer; what remains is the two-minute abuse counter described on our privacy page.

Whether a supersession requires anything of you, and what, sits with you and your regulator. This page maps what the register records; it does not make that judgement. If the difference between an equivalent and a non-equivalent replacement is the question, we wrote it up in equivalent vs not equivalent.

What FNS50315 is made of

training.gov.au lists 28 units for FNS50315: 10 core and 18 elective. The register does not publish a completion rule in units for this product, so we do not state one. How many of the electives are required is in the packaging rules on training.gov.au.

Core units 10 listed

CodeUnitIn this product
BSBRSK401Identify risk and apply risk management processesnot current
FNSCUS501Develop and nurture relationships with clients, other professionals and third party referrersnot current
FNSFMB401Prepare loan application on behalf of finance or mortgage broking clientsnot current
FNSFMB402Identify client needs for broking servicesnot current
FNSFMB403Present broking options to clientnot current
FNSFMB502Identify and develop broking options for clients with complex needsnot current
FNSFMB503Present broking options to client with complex needsnot current
FNSFMB504Implement complex loan structuresnot current
FNSFMK505Comply with financial services regulation and industry codes of practicenot current
FNSINC401Apply principles of professional practice to work in the financial services industrynot current

Elective units 18 listed

CodeUnitIn this product
BSBINM401Implement workplace information systemnot current
BSBMGT502Manage people performancenot current
BSBMGT517Manage operational plannot current
BSBMGT605Provide leadership across the organisationnot current
BSBSMB405Monitor and manage small business operationsnot current
BSBSUS501Develop workplace policy and procedures for sustainabilitynot current
BSBWHS303Participate in WHS hazard identification, risk assessment and risk controlnot current
FNSFMB501Settle applications and loan arrangements in the finance and mortgage broking industrynot current
FNSINC503Identify situations requiring complex ethical decision makingnot current
FNSINC504Apply ethical frameworks and principles to make and act upon decisionsnot current
FNSORG502Develop and monitor policy and proceduresnot current
FNSPRM601Establish, supervise and monitor practice systems to conform with legislation and regulationsnot current
FNSPRM602Improve the practicenot current
FNSPRM603Grow the practicenot current
FNSRSK501Undertake risk identificationnot current
FNSRSK502Assess risksnot current
FNSRSK602Determine and manage risk exposure strategiesnot current
TAEDEL402Plan, organise and facilitate learning in the workplacenot current

Core and elective are the register's own flags on the unit grid of the release read here. "Not current" means training.gov.au no longer recommends that unit for use inside this product — it does not say anything about the product itself.

Source: this product on training.gov.au, Australia's national training register — or go straight to the units it requires. The rule itself is item 14 of F2025L00355, and ASQA publishes the extensions it has granted. Read on 14 October 2026 UTC. Every code, title, date, status and equivalence flag on this page is the register's; nothing here is estimated or inferred, and where the register publishes nothing we say so.

Every FNS training product on the register · Search all training products

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Is FNS50315 still on your scope? Type your RTO code and get the free breakdown — every superseded product on your live scope, and whether the register flags each replacement equivalent.

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