• Home
  • News
  • Update On Interoperability Bills

Update on interoperability bills

Update on interoperability bills

A message from PEXA.

PEXA notes that the first of two Bills to enable interoperability within e-conveyancing was passed in New South Wales late last week, and welcomed the open discussion throughout the legislative committee process. PEXA is pleased that the issues we raised concerning a lack of consumer protections and industry safeguards will now be addressed. An independent readiness assessment will now be implemented prior to any live changes being made in the system, and there has been a public commitment to ensure appropriate consumer protections and industry safeguards for the rulemaking and review provisions.

Australia’s unique, complex and highly secure e-conveyancing system seamlessly completes thousands of property transactions each week across the web of land registries, revenue offices, lawyers, conveyancers and financial institutions. Australia’s buyers and sellers must be at the centre point of this complex reform, and PEXA will continue to champion on behalf of consumers, and those who represent them.

PEXA is in ongoing discussion with ARNECC to address a number of critical matters raised at the end of last year. We are very open to the dialogue, and look forward to finding appropriate resolutions so we can move forward.

Our friendly staff are on hand to assist you with registering for and learning to use PEXA. Complete the form below and we’ll be in touch with you shortly.