Latest News

Verification of Identity

Conveyancers are now required to hold, for each person they transact a matter for, proof of identity by way of a face-to-face in-person interview.   If this cannot be achieved, a client is required to attend in person at a participating Post Office who, for a fee, will perform the Identification Service and thereafter provide a Report.    The Report is retained by the Post Office for a period of 7 years and can be accessed whenever proof of identity is required.

First Home Buyers

From 1 July, the First Home Owner Grant amount $10,000 and is available for:

  • building a new home under a building contract where the contract price, when added with the land value, does not exceed $750,000
  • a new home being built by an owner builder where the value of the land and building does not exceed $750,000 or
  • purchasing a new home worth up to $600,000
First Home Buyers Assistance

Provides eligible purchasers with exemptions from transfer duty on both new and existing homes valued to $650,000 and concessions for properties valued between $650,000 and $800,000.  

Information on Government benefits can be found at

Swimming Pool Legislation

From 29 April 2013, property owners must register their swimming pool.   The web address to register is   Non registration attracts a penalty of $220.00.  It is now a requirement for all Vendors to include in a Contract for Sale either a Swimming Pool Compliance Certificate or a Swimming Pool Certificate of Non-Compliance.

PEXA (Property Exchange Australia)

PEXA provides a secure platform for the electronic transfer of funds and lodgement of land registry documents.   Settlements conducted in PEXA :

  • reduce the time spent preparing instruments (ie discharges etc)
  • remove the need to physically attend settlement
  • reduces the risk of a delay in settlement due to documentation errors/misplacement
  • removes the need to obtain or receive bank cheques - funds are electronically deposited as clear funds on the day of settlement
  • real-time lodgement of Land Registry documents

It will only be a matter of time before it will be mandatory for settlements to be carried out in PEXA.   The PEXA settlement fee is currently set at $107.80 and is deducted from funds received/paid at settlement.   Barbara Gill Conveyancing endorses PEXA settlements as a safe and trustworthy means of transacting property transfers.