PEXA Group
ASX:PXA
Analysts and investors are concerned PEXA’s core business earnings could become “significantly worse” as risks compound.
Just a day after the market thought PEXA had defeated a near decade long war to force it to face competition in the electronic conveyancing sector, a new regulatory challenge emerged.
The e-conveyancing giant is passing on regulatory charges to its customers and moving away from uniform national pricing amid a dispute with a NSW government agency.
Australia’s electronic property settlements giant wants to pass a data standards licensing fee on to customers. But NSW isn't playing ball.
The e-conveyancing company is launching its services in the Northern Territory on Friday, making its platform truly national 15 years after its founding.
Sympli, for its part, said $2 billion e-conveyancer PEXA operates an "expensive and subpar" platform.
Clare Gill, who was among the architects of components of the media bargaining code, will start at the property settlement platform in February after four years at the media company.
