FNS50320 Diploma of Finance and Mortgage Broking Management

Supersededtraining.gov.au: supersededEquivalent

The currency period for FNS50320 ended on 13 June 2022 — 4 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockClosed to new enrolments

New enrolments are not permitted from 15 June 2023 — one year from the date the replacement was included on the National Register (s 14(1)(a)(i) of the National VET Regulator (Compliance Standards for NVR RTOs and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355, in force 1 July 2025)), or from a later date if ASQA has approved otherwise for your organisation.

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).

The same date closes a second obligation: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. When enrolments stop, the course page advertising it stops being permitted too — 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Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

Product type
Qualification
Training package
FNS — Financial Services Training Package
Currency period ends
13 June 2022
Latest release
Release 1 · 2 February 2021
Supersedes
FNS50315
Superseded by
FNS50322 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. FNS50320Superseded — equivalentDiploma of Finance and Mortgage Broking Management
  2. equivalent
  3. 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.

  • FNS50315FNS50320not equivalent1 February 2021

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

  • FNS50320FNS50322equivalent14 June 2022

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

Is FNS50320 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS50320 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 — nothing is stored unless you ask us to watch it.

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 FNS50320 is made of

training.gov.au lists 28 units for FNS50320: 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
FNSCUS511Develop and maintain professional relationships in financial services industrycurrent
FNSFMB411Prepare loan applications on behalf of clientscurrent
FNSFMB412Identify client needs and present broking optionscurrent
FNSFMB512Identify and develop credit options for clients with special financial circumstancescurrent
FNSFMB513Present credit options to clients with special financial circumstancescurrent
FNSFMB514Implement complex loan structurescurrent
FNSFMK515Comply with financial services regulation and industry codes of practicecurrent
FNSINC411Conduct work according to professional practices in the financial services industrycurrent
FNSINC504Apply ethical frameworks and principles to make and act upon decisionsnot current
FNSRSK511Undertake risk identificationcurrent

Elective units 18 listed

CodeUnitIn this product
BSBESB404Market new business venturescurrent
BSBHRM413Support the learning and development of teams and individualscurrent
BSBINS402Coordinate workplace information systemscurrent
BSBLDR414Lead team effectivenesscurrent
BSBLDR523Lead and manage effective workplace relationshipscurrent
BSBLDR602Provide leadership across the organisationcurrent
BSBOPS502Manage business operational planscurrent
BSBOPS505Manage organisational customer servicecurrent
BSBSUS511Develop workplace policies and procedures for sustainabilitycurrent
FNSFMB511Implement credit contracts in preparation for settlementcurrent
FNSINC412Apply and maintain knowledge of financial products and servicescurrent
FNSINC503Identify situations requiring complex ethical decision makingnot current
FNSORG512Develop, implement and monitor policy and procedurescurrent
FNSPRM611Monitor and review organisational system compliance with legislation and regulationscurrent
FNSPRM612Improve business of financial practicescurrent
FNSPRM613Grow financial practicescurrent
FNSRSK512Assess riskscurrent
FNSRSK612Determine and manage risk exposure strategiescurrent

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 28 August 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

Is FNS50320 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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