To pass this unit you must obtain 50% or more

Curtin Business SchoolSchool of Economics and Finance

Greg CostelloUnit Controller

Unit Index Number 10858Hours per Week 3.0Credit Value 25.0Pre-requisites Nil

Co-requisites 11037 (v.3) Real Estate Business 305 or any previous version

Anti-requisites NilAlternate Nil

Weekly Tuition PatternLecture 1 x 2 hour weekly. Computer Lab 1 x 2 hour weekly

Contact Telephone Numbers Greg Costello +61 8 9266 7778

School Telephone & Fax NumbersSchool of Economics and Finance:Telephone: +61 8 9266 7756Fax: +61 8 9266 3026

World Wide Webhttp://www.cbs.curtin.edu.au/business/schools-and-staff/economics-and-finance

Electronic Mail Services Greg Costello: [email protected]

Student Consultation TimesGreg Costello: Room 402.419Monday 3- 6 pm and Wednesday 11am-2 pm

Unit Availability Semester 1, 2004 Bentley Campus, Joondalup CampusImportant NoticeReal Estate Market Analysis 550 is a significant unit. If you fail it twice, your course may be terminated.

Real Estate Market Analysis 550 (10858)

Unit Outline Semester 1, 2004

mailto:[email protected]

http://www.cbs.curtin.edu.au/business/schools-and-staff/economics-and-finance

http://handbook.curtin.edu.au/units/11/11037.html

Real Estate Market Analysis 550 Semester 1, 2004ContentsWelcome....................................................................................................................................3Pre-requisites............................................................................................................................3Aims 3Unit Outcomes..........................................................................................................................3

Content Outcomes..................................................................................................................3Professional Skills Outcomes.................................................................................................3CV Development: Starting your Portfolio.............................................................................4

Syllabus.....................................................................................................................................4Unit Materials...........................................................................................................................4

Unit Outline............................................................................................................................4Texts, Manuals, References, Other Resources.......................................................................4

Method of Instruction..............................................................................................................6Lectures..................................................................................................................................6Computer Laboratories...........................................................................................................6

Timetable of Classes.................................................................................................................6Unit Assessment........................................................................................................................7Assessment Criteria..................................................................................................................7

Reading tests..........................................................................................................................7Statistics tests.........................................................................................................................7Computer lab assignment.......................................................................................................7Participation...........................................................................................................................7Final Examination..................................................................................................................8

Assessment Compliance Information.....................................................................................8Policy For Late Assignments.................................................................................................8

Professional Skills.....................................................................................................................9The Semester Program – Real estate market analysis 550.................................................10References for Reading and Statistics Tests........................................................................11

E-reserve schedule................................................................................................................12University Policy Information...............................................................................................12

Expectations of Students and Staff.......................................................................................12Curtin University Student Charter.......................................................................................12Academic Staff Availability Times......................................................................................12

Supplementary and Deferred Examinations.......................................................................13Undergraduate Supplementary and Deferred Examinations................................................13Disability..............................................................................................................................13Copyright..............................................................................................................................13Academic Misconduct..........................................................................................................13

AssessmentsTo pass this unit you must complete the following assessment tasks.

Assessment Task Worth My MarkReading tests 15Problem set tests 15Computer lab assignment 20Participation 10Final Exam 40TOTAL = 100

To pass this unit you must obtain 50% or more

Full information on assessment is under the heading “Assessment”.

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Real Estate Market Analysis 550 Semester 1, 2004

WelcomeWelcome to Real Estate Market Analysis 550. This is an important mid-course property unit for the various postgraduate property courses within the Curtin Business School. The unit controller for this unit is Greg Costello.

Pre-requisitesNone

AimsThe general aim of this unit is for students to gain an insight into factors influencing the structure and behaviour of real estate markets. This will involve the application of statistical techniques to real estate data and necessitate the analysis of large aggregate datasets for particular property types. You will develop skills in a number of areas including the application of the comparable sales technique in a valuation context, real estate market and feasibility analysis together with general computer skills associated with the analysis of real estate transaction data.

Unit Outcomes

Content Outcomes

On successful completion of this unit you will have:Developed an understanding of important factors influencing the structure and behaviour of real estate markets.Acquired some useful statistical skills for the analysis of real estate transaction data.

Professional Skills OutcomesEmployers worldwide want graduates who have developed effective work, life, and professional skills. The following skills are relevant to business graduates and are part of the CBS professional skills program.

On successful completion of this unit you will have:

Communication

Successful students can communicate effectively in writing, for a range of purposes and demonstrate this skill by effectively answering test, assignment, and exam questions.

Critical and Creative Thinking -Problem solving

Successful students can analyse real estate markets through the use of statistical techniques and demonstrate these skills in practice exercises, computer lab sessions and by correctly answering exam questions.

Information Technology

Successful students can select appropriate technology to create, store, exchange and use real estate information in its various forms and demonstrate these skills in computer lab sessions and by successfully completing an individual computer lab assignment.

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Information LiteracySuccessful students can identify potential sources of information in a variety of formats and develop appropriate search strategies. This skill will be achieved through students accessing relevant library information, understanding library catalogue records and managing real estate data sources.

Look for the professional skill icon in your assessment tasks and in the semester program to find out their mark allocation and when they will be taught.

CV Development: Starting your PortfolioIn this unit you will be given the opportunity to develop a selection of professional skills.

It is likely that future employers will request evidence of professional skill development. A portfolio of your professional skill development is an excellent way to provide this evidence. You should, therefore, keep examples of completed work for your portfolio. We also recommend that you retain all of the study materials, including this unit outline, for future reference.

You may be required to submit your portfolio as part of your assessment in one of your final year units.

SyllabusReal estate market plan, analysing local economies, export base models, employment multipliers, market segmentation, absorption analysis, statistical processes in market analysis, market analysis and real estate valuation, marketing real estate products.http://handbook.curtin.edu.au/units/13/13322.html

Unit Materials

Unit OutlineThe unit outline (this document) gives you important information about the general aims of the unit, texts and references, and details about the assessment, including allocation of marks, grading criteria and submission dates. You are required to read and understand the expectations outlined in this document. Study it carefully, paying particular attention to method of instruction, class times, assessment instructions and submission dates. Information contained in this Unit Outline specifies the requirements for this unit and explains your rights and responsibilities in relation to Curtin University of Technology.

Texts, Manuals, References, Other Resources

TextsThere are no compulsory textbooks required.

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http://handbook.curtin.edu.au/units/13/13322.html


ReferencesThere is no prescribed textbook for this unit, however students are encouraged to purchase a suitable general statistics text book for reference. You will need a reference for statistics tests.

The reference used as a guide for statistics tests is:Keller, G., Warrack, B., (1997) Statistics for Management and Economics, 4th ed. Belmont, CA ; Pacific Grove, CA : Duxbury Press, c1997Shelf number: 658.4033KEL

This is the statistics reference for all reading and statistics tests. You are able to use notes from this reference in statistics tests (but sharing of notes will not be allowed in statistics tests). You should consider buying this or later edition book. We are using an older edition and there are a number of copies in the library. You may find copies in the second hand bookshop. You will find it is a valuable resource for other units and it is a very good guide in how to use some of the more advanced features of Excel. There are several copies of this book available in closed reserve in the library. The selected chapters from this book will only be available on e-reserve during the weeks shown in the semester programme. Check the Blackboard website frequently for details on e-reserve availability.

Another useful statistics text is:Flaherty, J., Lombardo, R., Morgan, P. de Silva, B. Wilson, D. (1999) A Spreadsheet Approach to Business Quantitative Methods, ISBN 0 86444 790 6Shelf number: 510.2433SPR

This is also a very useful statistics text with a number of appropriate real estate examples. You will also find it is a valuable resource for other units and it is a very good guide in how to use some of the more advanced features of Excel.

DiPasquale, D. Wheaton, W.C., (1996). Urban Economics and Real Estate Markets. Prentice-Hall Inc, New Jersey, 1996.Shelf No: 333.337 DIP

This is a text regarded as a leading reference in this field. It will be used as a reference for reading tests. It is quite advanced in some areas with some detailed mathematical models relating to various theoretical topics. You should not let this concern you. It is still quite readable. If you can’t grasp some of the mathematical models then just read ‘around’ these areas to try and ascertain the important general concepts. This book also discusses some detailed empirical analysis of U.S. real estate markets. Most of these tests can also be applied to Australian data. Don’t be too concerned with specific U.S. detail. There are several copies of this book available in closed reserve in the library. The selected chapters from this book will only be available on e-reserve during the weeks shown in the semester programme. Check the Blackboard website frequently for details on e-reserve availability.

Carn, N., Rabianski, J., Racster, R., Seldin, M., (1988). Real Estate Market Analysis – Techniques and Applications. Prentice-Hall Inc, New Jersey, 1988.Shelf No: 333.33 REA

This is an older American text with many useful data analysis techniques that can be applied to Australian markets. It will be used as a reference for reading tests. It is not as mathematical as the previous reference and is very readable. Once again don’t be too concerned with specific U.S. detail. There are several copies of this book available in closed reserve in the

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Real Estate Market Analysis 550 Semester 1, 2004library. The selected chapters from this book will only be available on e-reserve during the weeks shown in the semester programme. Check the Blackboard website frequently for details on e-reserve availability.

Other ResourcesThis unit includes quantitative analysis. It is expected that students will bring a suitable calculator to all seminar and laboratory sessions. You will need a calculator for all statistics tests. Your calculator should at least have several memories and preferably some built in statistical and financial functions. The Hewlett Packard 10B is an appropriate calculator

Approved Ancillary Charges for the UnitNone

Method of InstructionLecture 1 x 2 hour weekly. Computer Lab 1 x 2 hour weekly

Lectures

The purpose of the lectures will be to introduce and discuss the important principles of the unit. We will also work through a number of case study exercises relevant to lab sessions and tests that will follow. The reading and statistics tests shown in the semester programme will also be completed during the lecture sessions. Lectures will not cover all there is to learn about the topic. You will need to read and study further those areas covered in the lecture. Similarly, it is not possible to cover in the lecture all the unit material contained in the syllabus. Because of student numbers and time constraints, a free exchange of questions and comments between students and lecturer during lectures may not always be possible. However, you may approach Greg Costello to discuss or clarify points arising from the lecture immediately after the lecture (if there is time), or during designated consultation times. You can get copies of the lecture PowerPoint slides from the Blackboard site at:http://elearn.cbs.curtin.edu.au/

Computer LaboratoriesIn the lectures you will be introduced to some basic concepts of statistical analysis for real estate transaction data. In the computer laboratories you will learn how to analyse these concepts within a computer environment. You will also have a computer lab assignment to be completed by the end of the semester and some of these sessions will be available for completion of your assignment work.

Timetable of ClassesFor Bentley students onlyRefer to website:http://www.cbs.curtin.edu.au/business/student-resources/unit-and-timetable-informationfor updates

Code Type Day Time ROOMLecture 001 Lecture Wednesday 18.30 – 20.30Lab 001 Laboratory Wednesday 17.30 – 18.30Lab 002 Laboratory Wednesday 14.00 – 15.00Lab 003 Laboratory Wednesday 15.00 – 16.00Lab 004 Laboratory Wednesday 16.00 – 17.00Lab 005 Laboratory Wednesday 18.30 – 20.30

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http://www.cbs.curtin.edu.au/business/student-resources/unit-and-timetable-information

http://elearn.cbs.curtin.edu.au/


Unit AssessmentYour assessments for Real estate market analysis 550 will consist of the following components:

Reading tests 15%Statistics tests 15%Computer lab assignment 20%Participation 10%Final Exam 40%Total 100%

To pass this unit you must obtain 50% or more. Students are expected to attempt all assessment components in order to satisfy the unit requirements.

Assessment Criteria

Reading testsThe reading tests are to verify that students have done the reading required for effective learning. In each week where a test is specified (three weeks) a specific test on the readings for that week will be given. Details of readings are attached. Each student is required to complete a minimum of two tests for the semester. The student's mark will be taken from their best two test results.

Statistics testsThe statistics tests are to verify that students can apply basic statistical techniques to real estate decision-making. The dates for statistics tests are attached. These are ‘open book’ tests. You will be able to use one page of prepared notes and formulae sheets will be provided where appropriate. Students will not be allowed to share notes during these tests. Each student is required to complete a minimum of two tests for the semester. The student's mark will be taken from their best two test results.

Computer lab assignmentThe assignment will involve applying statistical techniques to specific individual data sets that you will be given. This will be an individual assignment. You will provide a statistical report for actual transaction data taken from the Perth metropolitan region. A large part of laboratory time during the semester will be available for completion of assignment work. Instructions and data for the assignment will be available in week 2. The assignment is due in the second last week of semester and will not be available for collection until after the final exam. You should retain a copy of your assignment if you wish to refer to it prior to the final exam. It is strongly recommended that students enclose with their assignment a stamped self-addressed envelope to ensure a safe return. If this is not included then assignments will only be available for collection by the individual responsible for the work during the consultation hours given above.

ParticipationThe participation mark is not an attendance mark. Neither is it a reflection on a student’s verbal participation. It is a general mark that relates to the unit controller’s opinion as to an individual’s effort and application during the semester. Regular attendance, a good record for reading and statistics tests with a good assignment contribution will constitute good participation. A participation mark will not be awarded to a student until all areas of

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Real Estate Market Analysis 550 Semester 1, 2004assessment for the semester have been considered. For this reason participation marks will not be made available until final results are released. Students will be informed of their participation mark if they contact the unit controller after final results have been released.

Final ExaminationThe final exam is a two-hour exam reviewing all work for the semester. There will be a written answer section and a statistical section. All of this material will be covered prior to the final exam in reading and statistics tests. For this reason it is in a student’s best interests to complete all reading and sit as many of the statistics tests as possible for the semester.

Assessment Compliance Information

Reading tests: You must complete a minimum of two out of three reading tests.Statistics tests: You must complete a minimum of two out of three statistics tests.Computer lab assignment: Compulsory.Participation: Allocated by unit controller.Final Exam: Compulsory.

Policy For Late Assignments Assignments will be marked out of 80% of their total marks if submitted late but less than 7 days after their due date. Assignments will not be accepted if submitted 7 days or more after the due date unless there is a prior arrangement for a delayed submission under special circumstances. This guideline will be rigidly enforced.

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Professional SkillsAs outlined in the unit outcomes, this unit will provide you with the opportunity to develop the following skills:

Professional Skill Skill Skill Assessment

Communication:Writing

Reading and statistics testsLab sessions

Not assessed in this unit

Computer lab assignment

Computer lab assignmentStatistics testsFinal exam

Computer lab assignmentStatistics testsFinal exam

Not assessed in this unit

Computer lab assignmentReading testsStatistics tests

Reading testsStatistics tests

Communication:Interaction

Communication:Presentation

Critical and Creative Thinking:Problem Solving

Critical and Creative Thinking:Decision Making

Team Work

Information Technology Literacy

Information Literacy

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Real Estate Market Analysis 550 Semester 1, 2004The Semester Program – Real estate market analysis 550

WeekWeek start

dateLecture Computer Lab Pre-readings

Assessment items

1. 1-Mar-04Introduction, Data sources, important concepts

Introduction to Lab environment

Keller Warrack Chapters 1,4.DiPasquale & Wheaton Chapter 2.

None

2. 8-Mar-04Operation of property markets.Case study.

Review of Valuer General’s Office Sales Data

Keller Warrack Chapters 1,4.DiPasquale & Wheaton Chapter 2.

Assignment availableReading Test 1

3. 15-Mar-04

Statistics exercise case studies, overview of assignment

Statistics exercise Introduction to assignment

Keller Warrack Chapters 1,4 Reading Test 1

4 22-Mar-04

Statistics test 1 and review, residential real estate issues

Assignment workKeller Warrack Chapters 1,4 Statistics Test 1

5 29-Mar-04Simple linear regression case study

Descriptive statistics cont’d.Regression analysis

Keller Warrack Chapter 19. DiPasquale & Wheaton Chapter 8.

None

6 5-Apr-04

Reading test 2 and review. Regression case study cont’d

Assignment work

Keller Warrack Chapter 19. DiPasquale & Wheaton Chapter 8.

Reading Test 2

Mid-semester break for two weeks

7 26-Apr-04

Introduction to multiple regression analysis (MRA)

Computer labs MRA exercises

Keller Warrack Chapters 1,4,19 None

8 3-May-04

Statistics test 2 and review.Analysing local economies

Computer labs MRA exercises

Keller Warrack Chapters 1,4,19 Statistics Test 2

9 9-May-04Housing market analysis techniques

Assignment work

Keller Warrack Chapter 10.Carn et al, Chapter 9.

None

10 17-May-04

Reading test 3 and review. Housing market analysis, cont’d

Assignment work

Keller Warrack Chapter 10.Carn et al, Chapter 9.

Reading Test 3

11 24-May-04

Statistics test 3 and review.Analysis of variance techniques

Assignment workKeller Warrack Chapters 1,4,19 Statistics Test 3

12 31-May-04Office market analysis. Unit review.

Assignment work

Study Week 7 – 11 June

Examinations 14 – 25 June, results released 14 July

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Real Estate Market Analysis 550 Semester 1, 2004References for Reading and Statistics TestsThe topics will be covered in the weeks as listed on the reading timetable below. Full reference details are given in the reference list. Readings are to be read prior to the lecture session in which they will be considered. Testing will be conducted each week as indicated. All references are contained in the closed reserve section of the library. A schedule for e-reserve availability follows.

Week / Test References Areas for Questions

15-Mar-04Session 3Reading Test 1

1. Keller Warrack (1997) Chapters 1,4

Chapter 1 generalChapter 4 measures of central location, variability and association.

2. DiPasquale & Wheaton (1996) Chapter 2

Micro v macro analysis, defining markets, product differentiation, aggregate metropolitan real estate markets.

22-Mar-04Session 4Statistics Test 1

1. Keller Warrack (1997) Chapters 1,4

Chapter 1 general, Chapter 4 exercises for measures of central location, variability and association.

5-Apr-04Session 6Reading Test 2

1. Keller Warrack (1997) Chapter 19

Definitions and general overview of regression methods and concepts

2. DiPasquale & Wheaton (1996) Chapter 8

Introduction, tenure choice, the price of housing

3-May-04Session 8Statistics Test 2

1. Keller Warrack (1997) Chapters 1,4,19

Previous tests, regression examples and exercises

17-May-04Session 7Reading Test 3

1. Keller Warrack (1997) Chapter 10

Important concepts in hypothesis testing

2. Carn et al (1988) Chapter 9

Introduction, economic analysis of retail markets, trade area analysis

24-May-04Session 11Statistics Test 3

1. Keller Warrack (1997) Chapters 1,4,19.

Previous tests, multiple regression examples and exercises

Notes for effective reading: Read the introduction/conclusion/summary of chapters so that you have an overview, then work through the chapter. Where relevant check review questions. Learn statistics definitions in bold text or text boxes. For statistics test readings, do the exercises. On Blackboard you will find Excel data sheets for exercises.

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E-reserve scheduleCopyright law dictates that only one chapter from a text book is allowed on e-reserve at any one time. The table below provides details of when selected chapters in the reading list will be available on e-reserve.

WeekWeek start

datePre-readings on E-reserve

1. 1-Mar-04 Keller Warrack Chapter 1.DiPasquale & Wheaton Chapter 2.



4 22-Mar-04 Keller Warrack Chapter 4.DiPasquale & Wheaton Chapter 2.

5 29-Mar-04 Keller Warrack Chapter 19.DiPasquale & Wheaton Chapter 8.

6 5-Apr-04 Keller Warrack Chapter 19.DiPasquale & Wheaton Chapter 8.

7 26-Apr-04 Keller Warrack Chapter 19.DiPasquale & Wheaton Chapter 8.

8 3-May-04 Keller Warrack Chapter 19.DiPasquale & Wheaton Chapter 8.

9 9-May-04 Keller Warrack Chapter 10.Carn et al, Chapter 9.




University Policy InformationStudents are required to consult the Curtin University of Technology World Wide Web site at the following address to make themselves aware of important information and policies regarding the following topics: http://www.curtin.edu.au/corporate/governance/

Expectations of Students and Staff

Curtin University Student CharterAll students are expected to fulfil the student responsibilities identified in the Curtin University Student Charterhttp://governance.curtin.edu.au/download/C001V1.3C_StuCharter_3Apr2002.doc

Academic Staff Availability TimesThe student charter states that students can expect:

“fair assessment and timely and useful feedback on their performance and progress, including final results”

“reasonable access to academic and general staff”.

The unit controller, Greg Costello is available for student consultation in Room 402.419 at the following times:

Monday 3- 6 pmWednesday 11am-2 pm

Other times available by appointment

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http://governance.curtin.edu.au/download/C001V1.3C_StuCharter_3Apr2002.doc

http://www.curtin.edu.au/corporate/governance/


Supplementary and Deferred ExaminationsThe Board of Examiners may grant supplementary examinations in part or in full to a student who fails the course by a narrow margin. University policy allows for deferred examinations in some circumstances.

Undergraduate Supplementary and Deferred ExaminationsFor more detailed information on Policies and Procedures relating to Examinations, students should refer to the web at: http://www.policies.curtin.edu.au/documents/examinations.docOr http://www.policies.curtin.edu.au/documents/deferment_final_exams_appeals.doc

Note - It is a student’s responsibility to obtain all relevant information regarding these examinations and to be present at the correct time and venue. A student who does not sit for a scheduled deferred examination in a unit has no claim to a further examination and therefore will receive a FAIL GRADE in this unit.

For more details on Policies and Procedures relating to Examinations, students should refer to the http://policies.curtin.edu.au/documents/assessment_policy.dochttp://policies.curtin.edu.au/documents/assessment_appeals.doc

The Curtin Business School does not award supplementary examinations in postgraduate units.

DisabilityIf you have a disability which may make it difficult for you to attend and/or to complete the requirements of the unit you should discuss your requirements with the Equity Officer on campus on ph 9266 7850 (note that a medical certificate may be required).

CopyrightA condition of acceptance as a student is the obligation to abide by the University’s policies on the copying of copyright material. This obligation covers photocopying of any material using the University’s photocopying machines, and the recording off air, and making subsequent copies, of radio or television broadcasts.

You must be familiar with the University’s policy on copyright. Information on the University Policy in relation to copyright and resulting disciplinary action can be viewed at:http://lisweb.curtin.edu.au/copyright/

Academic MisconductAcademic honesty promotes student's self confidence and credibility, and reflects the values and morals of the University as a whole. The concept of academic honesty is strongly related to that of business ethics hence is a quality that is highly prized by potential employers.

“Academic misconduct is defined as acting dishonestly or unfairly in connection with any examination or other academic work” (Curtin Academic Misconduct Policy). It includes cheating, plagiarising, obtaining assistance to complete an individual assessment task, withholding or falsifying information related to academic progress. In simple terms Academic Misconduct refers to behaviours that can corrupt the learning process and outcomes, and lead to a false impression of a student’s achievements.

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http://lisweb.curtin.edu.au/copyright/

http://policies.curtin.edu.au/documents/assessment_policy.doc

http://www.policies.curtin.edu.au/documents/deferment_final_exams_appeals.doc

http://www.policies.curtin.edu.au/documents/examinations.doc

Real Estate Market Analysis 550 Semester 1, 2004Plagiarism occurs when the work (including such things as text, figures, ideas, or conceptual structure, whether verbatim or not) created by another person or persons is used and presented as one’s own creation, unless the source of each quotation or piece of borrowed material is acknowledged with an appropriate citation. Encouraging or assisting another person to commit plagiarism is a form of improper collusion and may attract the same penalties.

University Policy on Academic Misconduct The University has strict policies on Academic Misconduct (including plagiarism), a breach of which will result in a zero mark for that piece of work, and further disciplinary action. Full details on Academic Malpractice can be viewed at:http://policies.curtin.edu.au/documents/academic_misconduct.docStudents are expected to familiarise themselves with the University policy, the Student Charter, the Unit Outline statements, and specific assignment guidelines. Students should also seek advice from Unit Controllers on acceptable academic conduct.

Curtin Business School has procedures in place to deal with Academic Misconduct. These procedures fit within the University policy and procedures.

CBS Procedures for reporting Academic MisconductThe CBS ratified the procedure for reporting Academic Misconduct in 2003. This procedure includes detection by Unit Controllers and collection of evidence, corroboration by tutors where appropriate, notification in writing to the student of the alleged misconduct, opportunity for the student to respond in writing or attend an interview within 14 days of notification, consideration by the subject team, recommendation to the Head of School, and notification to the student of the final outcome. Records of misconduct are kept by the School, the CBS and the University central administration.

Where a misconduct is considered more serious, and/or where a misconduct is a second offence, then the case will be referred to the Sub-Dean of Student Services and undergo CBS procedures.

Actions and penalties depend on the seriousness of a case and can include one or more of the following:a warningadvice about what is acceptable academic conductreferral to counsellinga reduction or a nil mark for any assessment an ANN (annulled) grade for the unit in which academic misconduct took occurredan ANN (annulled) grade for other units taken in that semestersuspension for up to 15 teaching daysa fineexclusion and expulsion.

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http://policies.curtin.edu.au/documents/academic_misconduct.doc

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