Electronic Conveyancing

Written by Claude Haiku 4.5 from the extracted text on 28 Feb 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

This is a letter from NSW and Queensland ministers to Commonwealth Treasurer Jim Chalmers requesting federal government involvement in electronic conveyancing (eConveyancing) reform. The ministers note that while eConveyancing adoption in NSW and Queensland has succeeded in delivering time savings, security improvements, and lower costs for property transactions, implementation has revealed issues requiring Commonwealth oversight. They identify financial settlement aspects of eConveyancing as requiring federal regulatory leadership, with the Australian Banking Association, Law Council of Australia, and Electronic Lodgment Network Operators (ELNOs) all calling for federal authority to oversee competition and financial settlement. The states propose Commonwealth engagement to address issues beyond their jurisdiction and indicated a comprehensive analysis would be completed by October 2024, with plans to request a meeting to discuss outcomes and potential pathways forward.