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Parliamentary Questions

Question Without Notice No. 965 asked in the Legislative Council on 16 October 2018 by Hon Colin Tincknell

Minister responding: Hon R. Saffioti
Parliament: 40 Session: 1

Answered on 16 October 2018

E-CONVEYANCING TRANSACTIONS

965. Hon COLIN TINCKNELL to the minister representing the Minister for Lands:

I refer to question without notice 538 asked by Hon Rick Mazza about e-conveyancing, which will become mandatory in December.

(1) How many PEXA shares does the government own?

(2) What is the total number of shares issued?

(3) Has the government made any decision to retain or sell its PEXA shares when PEXA is floated on the stock market?

(4) What are the names of the other two companies that will provide e-conveyancing in WA?

Hon STEPHEN DAWSON replied:

(1) Landgate holds 15 816 078 shares in PEXA.

(2) The total is 133 668 856 shares.

(3) No decision has yet been finalised.

(4) Both Sympli Australia Pty Ltd and Purcell Partners, known as LEXTECH, have met stage 1 requirements to become an electronic lodgement network operator.