Don’t get caught out with the 1 July 2019 mandates
Right now, in NSW, conveyancers and lawyers lodge around 84 per cent of all possible dealings electronically. This includes more than 80 per cent of transfers. We are now just weeks away from the 1…
How innovation creates value for our clients
We’re currently experiencing a great Digital Revolution, and technology is becoming the commodity for our increasingly interconnected world. Now there is a greater need to produce solutions at an ever-increasing rate to meet our clients’…
Why lawyers need to stop emailing Trust Account details and Contracts
Australian businesses lost more than $7.2 million to email scammers last year with a reported loss of $107 million according to a new ACCC Report. “Scammers are hacking business email systems and impersonating the intended…
PlanIT is in strong demand for off-the-plan developments
Since its introduction in March 2017, PlanIT continues to be the most widely used solution in strong demand from top and mid-tier law firms, real estate agents and developers. PlanIT is an electronic solution that…
How changes to verifying identity is impacting the way you do business
Identity fraud impacts millions of Australians each year. With states across the country formalising verification of identity (VOI) requirements to prevent fraud. VOI is no longer about just complying with regulations, but also about protecting…
Top benefits of the sharing economy for your business
A sharing economy is an economic system in which assets or services are shared efficiently. In May 2019, Forbes quoted a study by PWC predicting that the sharing economy is projected to grow from $15 billion in…
Is your firm adapting to changing consumer behaviour?
There was a time when a consumer’s purchasing needs and opportunities were restricted: when the shop closed, so did their ability shop. Business and shopping hours were finite and limited. Inevitably, with technological advancements, our…
The evolution of e-settlements
Despite its increased prominence and continued growth, the sharing economy won’t completely replace traditional economic networks anytime soon. It’s more likely to force existing industries to become more like the collaborative platforms that challenge them,…
In the Torrens system, registration (without fraud) is still trumps
The recently reported case, Perebo Pty Ltd v Wayville Residential Investments Pty Ltd and Ors [2019] SASC 35 Stanley J., enforced the indefeasibility of title obtained by registration in the absence of fraud and other…
E-conveyancing terms and acronyms
Industry terms and acronyms E-settlements Electronic settlements refers to conveyancing transactions settled via a platform electronically. E-conveyancing Electronic conveyancing refers to the end to end workflow in property exchange. CAF Client Authorisation Form enables a…