Property Now Issue #9

Page 10

An update on competition from PEXA By Simon Smith

PEXA members were recently provided with a communication from our Chief Customer Office Lisa Dowie, regarding the important reform relating to enabling competition within the e-conveyancing sector and how it is tracking. I’d now like to reiterate this message more broadly with industry and consumers. Allowing new electronic lodgement network operators (ELNOs) to enter the property market and coordinating how present and incoming providers will interact with one another from a technical perspective – otherwise known as interoperability, remain key priorities for our industry. 10

PEXA is fully supportive of competition for our sector. We’re actively contributing to working groups covering these initiatives, in collaboration with all industry parties and great progress continues to be made. It’s always been our commitment that any solution developed doesn’t introduce additional risk, cost or complexity within the property


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