this product is unavailable for purchase using a firm account, please log in with a personal account to make this purchase.

LIV offices remain closed.

Though we are working remotely to support our members.

Find out more
Select from any of the filters or enter a search term

Commercialisation of Victoria's Land Titles Registry and the Mandated Use of PEXA

Commercialisation of Victoria's Land Titles Registry and the Mandated Use of PEXA

By Property and Environmental Law Section

Conveyancing Innovation Real Property Technology 


The Law Institute of Victoria (LIV) is concerned by the most recent cyber security incident involving theft of money being paid as part of property transfers transacted using PEXA, in which a family lost $250,000 from the settlement of their Melbourne property. The LIV considers that this incident, in addition to a variety of ongoing operational issues that practitioners have experienced with their use of PEXA, brings into question the merits of mandating PEXA’s use by 1 October 2018 in the absence of PEXA guaranteeing the integrity of its systems from a security and service perspective. The LIV is also concerned that this cyber security incident is only one of multiple similar instances involving the redirection of settlement funds involved in the property transfer process under PEXA that have previously occurred.

The LIV further submits that the recent publicity of the security and service issues with PEXA intersects with the broader issue of the proposed privatisation of the Victorian land titles registry. The LIV is concerned that the owners of PEXA are effectively the same entities that are benefiting from, and responsible for, its mandated use. The LIV suggests that a privatised land titles registry would undo all of the checks and balances associated with the Torrens system of title which, when coupled with PEXA’s security and service shortcomings, will result in serious consequences for practitioners and consumers. The LIV considers that it is now appropriate to revisit its opposition to the proposal.

The LIV has prepared the following letter to the Victorian Premier which calls for robust safeguards to be implemented to protect consumers and practitioners in the use of electronic conveyancing and for the land titles registry to remain within the public sector. 


Views expressed on (Website) are not necessarily endorsed by the Law Institute of Victoria Ltd (LIV).

The information, including statements, opinions, documents and materials contained on the Website (Website Content) is for general information purposes only. The Website Content does not take into account your specific needs, objectives or circumstances, and it is not legal advice or services. Any reliance you place on the Website Content is at your own risk.

To the maximum extent permitted by law, the LIV excludes all liability for any loss or damage of any kind (including special, indirect or consequential loss and including loss of business profits) arising out of or in connection with the Website Content and the use or performance of the Website except to the extent that the loss or damage is directly caused by the LIV’s fraud or wilful misconduct.

Be the first to comment