Cheap online conveyancing - Fin Review

Five major banks will participate in a major Victorian pilot project of "e-conveyancing", which could eventually slash costs by $400 on a typical house purchase.
The paperless project could in time provide a single national system that would harmonise the eight different conveyancing systems around Australia.
The launch of the project follows an inter-governmental agreement between NSW and Victoria to establish a national office in Melbourne to co-ordinate a nation-wide system
Westpac, ANZ Bank, Suncorp, St George and Bendigo Bank will participate in the pilot project, to be conducted next year.