Impact of Allens Conveyancing Review & Electronic Conveyancing

If I can interpret Recommendation 1 of the Allens Conveyancing Review Report and the Government's response, the State Government will be looking into ways of making electronic settlements de rigeur with an appropriate regulatory framework.
If I can suggest the main way forward for the conveyancing industry:

• regulation of conveyancers to ensure compulsory insurance and minimum qualifications
  
• putting a sunset clause on using paper based systems, say 5 years


• significant price differential on registration fees of transfers, say 50%

The report touched on this and the government has indicated calling for a Business Impact Assessment to look into these issues. This way competetion, efficiencies and cost savings to the public will prevail.

Government response to Allens Report