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Regulation
Drop in business is a real threat for conveyancers
AIC NSW boss says sales of units and homes are falling ‘because your investors have completely gone’.
Latest coverage
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Market
Land lease trend: The groundswell of support
Conveyancers will be the winners as the property industry see a surge in land lease develop, according to the Property Council of Australia.
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Market
New property data shows record house price decline
Expert says ‘we need to make some robust policy decisions that are not going to be popular at a national level’.
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Economy
Sunshine State beautiful one day, perfect the next
Economist says ‘it used to be Sydney, then Melbourne, then Brisbane. Now I think it’s Sydney, Brisbane’ for population destinations.
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Economy
Deposit flicking: No end in sight to lengthy inquiry
NSW Fair Trading commissioner says “long approach” driven by needs to consider views of all parties concerned.
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Regulation
Strata reports must be better, says AIC boss
NSW president says ‘standardising property reports would help improve buyer outcomes’.
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Regulation
Parliamentary report is simply ‘spinning the wheel’
Inquiry urges recommitment to interoperability but industry says report ‘confirmed what was already widely known’.
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Regulation
Why we can’t give obligations the flick
Industry experts are united in their concerns over “deposit flicking”. Questions have been raised about who is accountable for consumers’ money once it sits with a third party and whether it is legally protected
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Regulation
NSW e-conveyancing competition report to be tabled
Last year’s state parliamentary inquiry that explored the controversy of competition, pricing, and service continuity in e-conveyancing is expected to table its report this week.
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Regulation
Conveyancers urged to get on the front foot
AUSTRAC begins AML/CTF crackdown but AIC boss asks to ‘keep the approach practical and reasonable’.
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Market
It’s a small world
A Victorian developer says an innovative housing model for downsizers based on long-term leases marks a new era in affordable homes
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Regulation
Settle Easy saved from collapse
New owner says ‘priority this year is to put the right infrastructure in place and make sure our people have the tools they need’.
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Regulation
Case alleging consumer law breaches has been dropped
Agency Settlements abandons case against Jared Zak, who said it was a ‘pretty wild and ambitious claim to start with’.
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Economy
States urged to back data centre plan
One state’s plan to act on the water and energy use of fast-tracked data centres could be a blueprint for national reform, a climate group says.
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Regulation
Leading conveyancer free to talk about deposit flicking
Jared Zak has ‘great win for conveyancers’ but says the case ‘is first and foremost about the consumer’.
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Regulation
Time’s up: AUSTRAC to get tough on AML/CTF laggards
As the deadline has passed for practitioners to enrol in the AML/CTF reform program, the AUSTRAC boss has warned of a crackdown on those not on board. Now with a $100m funds boost, the regulator is well resourced for action.
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Regulation
Deposit flicking: Real estate agents urged to cease and desist
Real Estate Institute NSW issues alert to agents, saying ‘we are recommending that members not engage with the model’.
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Market
Cleared for takeoff
There is new hope in Sydney’s west as the region eyes the runway to success later this year
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Regulation
‘Contentious settlement solution’ under the microscope
Victorian conveyancing body says transparency around customer transactions must be paramount.
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Regulation
Practice raises ‘serious contractual and legislative concerns’
Real Estate Institute of NSW backs calls for deposit flicking to have ‘closer scrutiny’ from authorities.
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Regulation
Probe to begin into contentious real estate method
Fair Trading to examine ‘whether real estate agents are acting in accordance with their existing legal obligations’.
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Regulation
Agency Settlements slams ‘deposit flicking’ petition
Legal firm says conveyancers’ concerns are ‘malicious, misleading and deceptive’ over its solution for real estate agents.
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Regulation
No escaping accountability despite ‘deposit flicking’
But conveyancing body wants to meet with Fair Trading to stop process of house deposits going to a third party.
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Regulation
Conveyancers back bid to regulate e-platform
PEXA comes under microscope of IPART in a move which could see a $70 million hit to revenue.
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Regulation
AUSTRAC boss urges AML/CTF sign-up to stop crime gangs now
The head of Australia’s financial intelligence agency has sounded the alarm on lagging sign-up for for sweeping new AML/CTF laws.
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Market
Construction costs remain big burden facing housing delivery
Property experts call on industry to continue to lobby the Federal Government to do more to stop ‘bottlenecks’.
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Market
Uncertainty surrounds the future of national housing scheme
NSW minister hopes for more opportunities to come within framework of Housing Australia Future Fund.
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Market
NSW scheme ‘unblocks projects and accelerates housing delivery’
Pre-sale guarantee will ‘allow more affordable housing and smaller developments to access support’.
Economy
Do it all again: Conveyancers hit as banks reassess investor loans
Conveyancers continue to grapple with the fallout of the federal budget as its proposed tax changes prompt banks to reassess investor loans.
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Market
Sympli buyout seen as a vote of confidence for sector
Conveyancing leaders are viewing news that InfoTrack has acquired the ASX’s 49 per cent share of e-settlement platform Sympli as a shot in the arm for stalled interoperability reform.
Market
Conveyancers slam ‘ridiculous’ tax changes
Australia’s conveyancing industry has hit out at last week’s Budget, taking aim at changes to negative gearing and capital gains tax.
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Economy
Fiscal restraint to define federal budget as costs rise
Health, defence and welfare commitments are among fiscal pressures weighing on the federal budget as Treasurer Jim Chalmers vows to put a lid on spending.
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Compliance
Conveyancers who are ‘wilfully blind’ will be first targets
Financial crime regulator will clamp down on practitioners who don’t comply with new AML/CTF laws
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Market
On the road to success
Highway bypasses create a unique property shift in regional towns, presenting significant business opportunities for real estate firms and conveyancers as the community adapts to the new infrastructure
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General
Anzac Day: Forgotten conveyancer a WWI ‘standout’
Gustave arrived from Italy as a child and then rose the ranks of conveyancing and the military in stellar career.
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Regulation
E-conveyancing reform is still a possibility
Sympli boss remains hopeful and determined to see interoperability take a hold in the industry for the benefit of all.
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Economy
The war on property
As the Iran war rages, petrol stations have emerged as critical infrastructure, prompting a pick-up in buyer interest in the low-profile property class
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Regulation
Government should stop ‘risks’ of monopoly
ARNECC says there is no need for further review into e-conveyancing but others say there is still much more to be done.
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Technology
Planning reforms drive uplift in airspace projects
Changes to planning laws and skyrocketing property prices are sparking a lift in airspace development in several Australian capitals, according to experts.
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Market
Turn to your Granny for a little bit of extra income
More homeowners are building a small second dwelling, driven by solid rental returns and more relaxed planning rules, according to property experts.
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Market
Referral payments facing possible ban
After years of consumer concerns about referral programs between conveyancers and real estate agents, pressure is intensifying on lawmakers to bring an end to the controversial practice.
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Technology
Sticking points remain in battle to bust monopoly
E-conveyancing interoperability may still have some hurdles to overcome before being adopted
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Regulation
Conveyancers must use “reasonable efforts” in AML/CTF
Risk expert says AUSTRAC unlikely to probe any business if they are “doing the right thing”.
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Market
Rising building costs causing more issues than interest rates
The price of construction across the board putting increased pressure on house prices.
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Technology
More pain to come before any gain for home owners
Investment guru expects interest rates to rise again to counter “simmering inlation”.
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Technology
Tech issue sparks property settlement delays
An RBA system issue that caused property settlements to stall this week has prompted apologies from the central bank.
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Economy
2025: The year that was
We reflect on the impact of the past 12 months on the economy, housing, innovation and legislation, before taking a look at 2026
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Property
Western Sydney ‘aerotropolis’ to fuel house price growth, says property expert
A leading real estate expert expects Sydney’s new airport to give house prices a boost in the city’s west once the multi-billion-dollar facility opens in 2026
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Practice
Premium pressure: Feeling the pinch of insurance costs
Some NSW conveyancers are struggling to stay afloat under the weight of increasing professional indemnity insurance costs, according to industry participants
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Practice
Now is the time to reset: Industry upheaval shines light on new opportunity
A looming regulatory overhaul of the conveyancing industry marks an opportunity for firms to recalibrate operations and prices, a small business expert says