Land Matters July 2017
In this issue:
Perth trams 1948 to now
Perth farewelled its tram network in July 1958, after having trundled 115 million miles and shuttled 1.1 million passengers through its streets.
When tram no. 66 ran down route 18 for the last time on 17 July 1958, WA became the first Australian state to dispense entirely of trams.
The aerial photograph from 1948 shows a tram heading west on a line which ran 4.6km from East Perth, along Hay Street to Thomas Street in West Perth. Slide between 1948 and now to see 69 years of change in Perth from 1948 to 2017.
The network served Perth from 1899 until 1958. By June 1913, Perth had 37 kms of tram lines and a fleet of 53 trams – operated by English company Perth Electric Tramways Ltd.
Over time, and as the city’s population grew, the network expanded to ‘out laying’ suburbs such as Nedlands, Maylands and Wembley and the South Perth Zoo.
Some of those trams from the initial Perth network are now preserved at the heritage tramway in Whiteman Park in Caversham.
Landgate’s innovative approach to the National Mortgage Form
Land registries from across Australia collaborated to develop a National Mortgage Form (NMF) for registration in all Australian states and territories.
The national mortgage form replaces a number of paper forms that Landgate and other states’ land registries require in the lodgement of mortgage details. It replaces all other mortgage instruments.
The NMF went live in the PEXA Electronic Lodgement Network Operator environment on 22 July 2017, for those not subscribed it is available via the Landgate website.
To use the new eForm format customers register for Landgate login. Once logged in, the eForm helps users to complete the NMF quickly and accurately by seamlessly integrating with Landgate’s address verification service.
The NMF eForm can be saved to the user’s account for later editing, saved as a PDF, and printed for paper lodgement.
Recent improvements to the way Landgate authenticates online identities, and manages authorisation and access to its online applications have made this new eForm format possible.
Registrar announces dates for electronic conveyancing shift
It’s been something like 30 years in development, and now licensed conveyancers (settlement agents and lawyers) have certainty about the move to electronic lodgement of land transfer documents.
The Registrar of Titles announced that from 1 December 2017, all eligible mortgages, discharges of mortgage and refinances should be transacted through an Electronic Lodgement Network Operator (ELNO) such as the PEXA platform.
From 1 May 2018, this will also apply to all eligible documents including transfers, caveats, withdrawal of caveats and any combination of these.
At present, only those who hold an Australian Business Number and meet character, insurance, and qualification requirements under the Model Participation Rules may register with the ELNO, PEXA; meaning self-represented parties are not included in these requirements.
The Registrar anticipates eligible property transactions carried out by subscribers will rise to roughly 60 per cent of all transactions, equating to a significant time saving and rise in confidence for buyers and sellers who can now follow the process as it happens, where traditionally they were left out.
While electronic conveyancing has existed in other parts of the world for more than a decade, Australia’s version (with Western Australia’s role one of leadership) includes the financial aspects. The PEXA process includes sending payment instructions to the Reserve Bank meaning cleared funds are disbursed in real time rather than waiting three business days for a cheque.
Landgate has sponsored the Australian Institute of Conveyancers to provide accreditation training to licensed settlement agents and has updated its policy and procedure guides to support subscribers to move across from manual conveyancing.
Landgate conference hears intriguing predictions about the future
Driverless cars in eight years, free electricity in ten, these were just some of the predictions discussed during an international conference organised by Landgate.
The Land Registrars Development Officers’ Conference ran from 18 to 21 July and featured a keynote presentation by author and futurist Steve Sammartino.
Delegates came from all states and territories as well as New Zealand, Scotland, Hong Kong and Singapore. Mr Sammartino told the audience there will be significant changes as the world adapts to technical developments commonly referred to as digital disruption.
Landgate shared how it is dealing to digital disruption, outlining its experience building the innovative cloud based computer platform the New Land Registry which has replaced outdated paper based land transactions.
Landgate Chief Executive Jodi Cant said Landgate is increasingly receiving global attention for its innovative approach to digital disruption.
“This year Princeton University in the United States used Landgate as a case study for its Innovations For Successful Societies program."