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‘Why are you blocking others out?’ PEXA grilled by NSW Inquiry

PEXA, the company holding a monopoly on e-Conveyancing in Australia, has been grilled in the NSW parliament about why it is blocking new entrants to the $300 million market. PEXA representatives appeared before a government inquiry on Wednesday (November 5), arguing it had initially cooperated with efforts to introduce interoperability reform in NSW by December 2025, but “the scope has creeped”. “Our concern is not with facing competition, but with the current expectation that PEXA should shoulder the responsibility of engineering a viable business model for potential competitors,” PEXA

Home prices turbocharged as deposit guarantee kicks in

Sunshine savings: households offered free energy window

Young Australians told not to fret lower super balances

Solutions in short supply as housing market heats up

Real estate investment still in a ‘strong position’

A big tick for NSW but homes target ‘still falling short’

Home valuations oncover layers of gold in the West

PERTH has outshone other capitals to record the highest monthly home price growth of 1.9% in October. Gains were seen across the board, with every Australian capital and region recording

Borrowers denied Cup Day rate cut in odds-on decision

THE Reserve Bank of Australia has held interest rates steady after a surprise surge in inflation potentially spelled the end of the cutting cycle. Borrowers now face the possibility of t

A learning curve: AUSTRAC’s plan for AML/CTF reform

MANY conveyancers worry they’ll be slapped with $19,000-a-day fines if they don’t immediately comply with AML/CTF rules, but AUSTRAC assures us that’s not the intention. “We certainly do

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