❓ Mrs. Harvey questions the Minister for Planning regarding the government's decision to mandate electronic conveyancing through PEXA, highlighting the state's share in PEXA, potential monopoly, and lack of price regulation. The Minister deflects responsibility, attributing the PEXA deal to the previous government.
AnsweredQoN 653Legislative Assembly
QuestionView source ↗
ELECTRONIC CONVEYANCING —
PROPERTY EXCHANGE AUSTRALIA LIMITED
653. Mrs L.M. HARVEY to the Minister for
Planning:
My question is to the Minister for Planning; Lands.
I first wish to acknowledge Mrs Kirsty Pratt in the gallery today on
behalf of victims of child sexual abuse, who are waiting for the government to
fulfil its commitment to them.
Several members interjected.
The SPEAKER : Treasurer, I call you to order for the first time.
Mrs L.M. HARVEY : Thank you, Mr Speaker. I refer the minister
to her government's decision to mandate the use of electronic
conveyancing. Can the minister confirm that the state government has a 12 per
cent share in Property Exchange Australia Limited, with majority ownership by
the major banks; that it is intending to provide monopoly rights for electronic
conveyancing to PEXA; and that the government has no ability to regulate the
price that PEXA charges, at the expense of Western Australian homebuyers?
PROPERTY EXCHANGE AUSTRALIA LIMITED
653. Mrs L.M. HARVEY to the Minister for
Planning:
My question is to the Minister for Planning; Lands.
I first wish to acknowledge Mrs Kirsty Pratt in the gallery today on
behalf of victims of child sexual abuse, who are waiting for the government to
fulfil its commitment to them.
Several members interjected.
The SPEAKER : Treasurer, I call you to order for the first time.
Mrs L.M. HARVEY : Thank you, Mr Speaker. I refer the minister
to her government's decision to mandate the use of electronic
conveyancing. Can the minister confirm that the state government has a 12 per
cent share in Property Exchange Australia Limited, with majority ownership by
the major banks; that it is intending to provide monopoly rights for electronic
conveyancing to PEXA; and that the government has no ability to regulate the
price that PEXA charges, at the expense of Western Australian homebuyers?
AnswerView source ↗
I thank the member for that question. The previous government made the
decision on electronic conveyancing. The previous government set up the PEXA
deal. This is its deal. This was its decision. I do not know where members
opposite were around that cabinet table, but obviously they had no awareness of
any decision that they took. This is their process. PEXA is their creation; it
is not our creation. I have sought advice on this. This is the creation of the
previous government, and this is its decision.
decision on electronic conveyancing. The previous government set up the PEXA
deal. This is its deal. This was its decision. I do not know where members
opposite were around that cabinet table, but obviously they had no awareness of
any decision that they took. This is their process. PEXA is their creation; it
is not our creation. I have sought advice on this. This is the creation of the
previous government, and this is its decision.
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