Can an RTO still enrol new students in FNS51511?

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 25 March 2016. 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.

Is there a deadline for learners already enrolled in FNS51511?

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).

FNS51511 Diploma of Credit Management

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.

FNS51511Superseded — equivalentDiploma of Credit Management
equivalent
FNS51515Superseded — not equivalentDiploma of Credit Management
not equivalent
FNS51520Superseded — equivalentDiploma of Credit Management
equivalent
FNS51522CurrentDiploma of Credit 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.

FNS51510FNS51511equivalent15 January 2012
Compliance unit BSBCOM405A replaced by FNSORG401A in the core, to better reflect workplace requirements - OUTCOMES EQUIVALENT
FNS51511FNS51515equivalent24 March 2015
Updated to meet Standards for Training Packages.

Official documents on the register

What training.gov.au lists for FNS51511 and for its training package FNS10 (release 5.1), 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.

FNS51511_R3.pdfFNS51511 release 3 · product document · published 18 July 2013
FNS51511_R3.docxFNS51511 release 3 · product document · published 26 November 2024

Is FNS51511 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS51511 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.

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 FNS51511 is made of

training.gov.au lists 26 units for FNS51511: 0 core and 3 elective, and 23 units it marks neither. 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.

Elective units 3 listed

Code	Unit	In this product
BSBCUS501C	Manage quality customer service	not current
BSBRSK501B	Manage risk	not current
BSBWOR501B	Manage personal work priorities and professional development	not current

Units the register marks neither core nor elective 23 listed

Code	Unit	Core or elective	In this product
BSBCOM402B	Implement processes for the management of a breach in compliance requirements	`N/A`	not current
BSBINN601A	Manage organisational change	`N/A`	not current
BSBMGT502B	Manage people performance	`N/A`	not current
BSBMGT605B	Provide leadership across the organisation	`N/A`	not current
BSBMGT617A	Develop and implement a business plan	`N/A`	not current
BSBSMB407A	Manage a small team	`N/A`	not current
BSBSUS501A	Develop workplace policy and procedures for sustainability	`N/A`	not current
FNSCNV506A	Establish and manage a trust account	`N/A`	not current
FNSCRD404A	Utilise the legal process to recover outstanding debt	`N/A`	not current
FNSCRD405A	Manage overdue customer accounts	`N/A`	not current
FNSCRD501A	Respond to personal insolvency situations	`N/A`	not current
FNSCRD502A	Manage factoring and invoice discounting arrangements	`N/A`	not current
FNSCRD503A	Promote understanding of the role and effective use of consumer credit	`N/A`	not current
FNSCRD504A	Manage the credit relationship	`N/A`	not current
FNSCRD505A	Respond to corporate insolvency situations	`N/A`	not current
FNSCUS504A	Manage premium customer relationships	`N/A`	not current
FNSCUS505A	Determine client requirements and expectations	`N/A`	not current
FNSINC401A	Apply principles of professional practice to work in the financial services industry	`N/A`	not current
FNSORG401A	Conduct individual work within a compliance framework	`N/A`	not current
FNSORG502A	Develop and monitor policy and procedures	`N/A`	not current
FNSORG507A	Manage client service and business information	`N/A`	not current
FNSORG604A	Establish outsourced services and monitor performance	`N/A`	not current
FNSRSK601A	Develop and implement risk mitigation plan	`N/A`	not 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

Take this with you — one email with this page's clock as the register states it today. Nothing scheduled after it.

Also alert me when a cutoff in this scope changes. Ticking this keeps alert emails on for this address — they start once your RTO is on the free watch (one minute from the panel link in the email), and every alert has a one-click stop.

No account, no card. Your address gets this one email — no list, no marketing. Cutoff alerts only ever come from a watch you start yourself — the box just records your yes now — and every alert has a one-click stop.

Is FNS51511 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.

Also watch that scope — email me when something on it is approaching the date new enrolments stop, or when the register changes what you have to do. Free forever, one click to stop.

No account, no card. We never ask for anything about your learners. Your address gets this one report — no list, no marketing — and the scope watch only if you tick the box, with one click to stop it.