e-Conveyancing

Form filling headache

Back in 1999, the federal government set a course to encourage e-commerce in Australia, underpinned by the Electronic Transactions Act that validated non-paper transactions in a wide range of scenarios.

The states soon followed suit with their own laws, setting the stage for a legal and commercial revolution: deals done faster and cheaper, sanctioned and facilitated by a progressive law.

But somehow, it seems somebody in the New South Wales State Revenue Office didn't get the memo. A simple change in paperwork requirements last month has jammed a spoke into the wheels of a promising e-conveyancing industry.

Financial Review

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