“In May, ASX Limited unveiled plans to invest alongside technology group InfoTrack and enter the $200 million electronic property settlement market, pitting it against PEXA, while another company, Purcell Partners, is pushing into the space with its LEXTECH platform. Both need to establish data standards, which vary across states, and receive regulatory sign-ff to become an Electronic Lodgment Network Operator.”

Please see the full article from the Australian Financial Review Weekend here: https://www.afr.com/real-estate/acccs-rod-sims-threatens-enforcement-action-against-pexa-state-governments-20180817-h144ek