A new land registry ‘supergroup’ has been formed, following the establishment of the Australian Land Registry Operators (ALRO) collective, which represents five private operators and service providers of land registries across Australia.
ALRO brings together Secure Electronic Registries Victoria (SERV), NSW Land Registry Services (NSW LRS), Titles Queensland, Land Services SA and Land Services WA.
Together, the five bodies represent 95% of the nation’s land registry data and support more than $10 trillion in residential property by value.
ALRO says the step has been taken as a direct response to feedback from customers, who had found it difficult to access consistent land registry data solutions.
Its aims include empowering information brokers and enabling the Proptech sector to scale nationally.
Long-term, ALRO says the efficiencies offered by this initiative will see data products become consistent across each of the five states — the data they contain will be equivalent, in the same format, and accessed through the same connection points.
