Conveyancing has always carried significant responsibility, but the nature of that responsibility has shifted considerably. Practitioners are now managing cybersecurity exposure, identity verification obligations, and AML (Anti-Money Laundering) reform alongside the legal work itself, all while absorbing higher transaction volumes with little additional support.
The Federal Government’s push for high-density housing is accelerating across the nation. This urgency follows a significant shortfall from the National Housing Accord 2025 target, in which approximately 75% of targeted building was met. The government’s National Housing Accord aims to complete 1.2 million new houses in the next 5 years.
For conveyancers and property lawyers, the Reserve Bank of Australia’s (RBA) cash rate isn’t just an economic headline.
Property settlements in Western Australia have gone through a major change over the years with electronic conveyancing being introduced. Standalone transfers in Western Australia were mandated back in December of 2018, however there are still exemptions for certain scenarios that require paper settlement/lodgment and are currently out of scope for eConveyancing in Western Australia.
At SettleIT, we recently had the pleasure of hosting an insightful webinar, “Cultivating strong culture and a high-performance organisation.” This event featured two esteemed professionals: Dom Meli and Hollia Lam.
The Australian Institute of Conveyancers (AIC) NSW recently hosted an enlightening Kiama Education Day, bringing together industry experts to discuss critical topics in conveyancing and property law. The event covered a range of subjects from plan reading and the complexities of easements and covenants, to managing strata defects and understanding the nuances of planning law. Each speaker provided valuable insights into their respective fields, highlighting the importance of staying updated with the latest developments and legal requirements in the ever-evolving landscape of conveyancing in New South Wales.
A withholding legislation for GST was introduced on 1 July 2018. This legislation requires purchasers to withhold the GST amount of the purchase price and remit it to the Australian Taxation Office (ATO) upon settlement.
How your firm can thrive this holiday season The holiday season is usually a time of year for people to wind down and take a break, however firms and business owners often have more responsibilities to consider during this period. Running a firm can be demanding at the best of times but Christmas can be particularly overwhelming with an influx of settlements and the challenge of managing your workload while staff take leave. SettleIT is here to support you this holiday season, ensuring your clients’ needs are met and your practice continues to seamlessly operate, so you can enjoy a well-deserved break. Why taking a break is a priority Australians are collectively sitting on a near-record 209 million days of accrued annual leave as they approach the 2025 summer break (Source: Roy Morgan). When that tidal wave of leave finally breaks over the holiday period, business owners are faced with the challenge to handle a sudden resource gap while still managing client expectations, and tight settlement schedules. It’s indicated that the main stresses business owners face are profitability, long work hours, staffing concerns and the general survival of the business, however taking annual leave is essential to your wellbeing and it can
Outsourcing in conveyancing: navigating PEXA and low volume challenges Sorry, no results.Please try another keyword 00:00 In recent years, the landscape of the conveyancing industry has changed drastically. When I entered the industry, the normal settlement process would involve settlement clerks from multiple firms hurriedly exchanging funds and documents whilst trying to race across town within a 15-minute window. In a sharp contrast, most settlements today are done exclusively online using the PEXA platform. There is no rushing out the door to get to the next venue, there are no collection runs to the bank and there is no need to segment every aspect of your day into very specific time blocks. The widespread adoption of PEXA and electronic conveyancing has resulted in industry wide improvements in efficiency and steam lined workflows. However, it has also given rise to new challenges that primarily affect lower volume firms. PEXA has also played a part in the role out of new legal requirements pertaining to the use of Electronic Lodgment Network Operators (ELNO’s) as well as a requirement to understand how to operate the relevant software correctly. Firms, including those who specialise in family low or wills and estates, that do not
Bespoke, efficient platforms: transforming your property matters In the dynamic world of property matters, efficiency is the name of the game. Whether you are part of a law firm or a conveyancing firm, the need to process more matters, save time, and enhance overall business efficiency is an ongoing task. If your firm is looking to streamline property transaction operations, SettleIT can help. SettleIT is a bespoke, efficient platform designed to transform the way you handle property settlements and lodgments. It can help you save time, process more matters, and supercharge your business efficiency. The robust nature of the bespoke platform No two law firms, conveyancing firms or property transactions are the same. That’s why you need to use solutions that are flexible to your business needs. SettleIT’s strength lies in its bespoke platform, that has been crafted to meet the unique needs of property professionals. This platform isn’t a one-size-fits-all solution; it’s a tool that is customisable, adaptive, and streamlined. Stay connected from anywhere In today’s fast-paced world, being tethered to a desk isn’t always practical. SettleIT’s mobile-responsive platform ensures that you can access critical information even when you’re on the go. With SettleIT for mobile, you can: Track orders to
