Sympli statement on Ministerial Forum

Thursday 9 November 2023 – The first Ministerial Forum under new Chair and NSW Minister, The Hon. Jihad Dib MP was held today, bringing together State, Territory and Commonwealth Ministers, as well as peak industry bodies and federal agencies to progress competition reforms in the eConveyancing market.

Sympli were encouraged to hear from the Chair, Minister Dib who reiterated NSW’s strong support for full interoperability. Other peak bodies also spoke about their support for competition reforms and the need to have a mandated date in the program.

Sympli CEO Philip Joyce reiterated the importance of Minister’s endorsing the ARNECC process and December 2025 dates and having these inserted into regulation as soon as possible for the benefit of industry, small businesses, and consumers.

Sympli thanks all those that attended the forum and look forward to the release of the Ministerial Forum statement.

Sympli Chief Executive Officer, Philip Joyce, said: “It is encouraging to see the continued strong support for competition reforms from all State, Territory and Commonwealth governments and key industry peak bodies.”

“We encourage Ministers to endorse ARNECC’s December 2025 dates and the process to insert this into regulation as soon as possible. This is the only way to ensure certainty for industry and to keep these critical reforms on track.”

–ENDS–

Media Inquiries: Jerome Boutelet, Public Affairs Manager at media@sympli.com.au, or 0411 045 119

About Sympli
Sympli is the result of a collaboration between InfoTrack and ASX. We want to create more opportunity, add value and represent the market with an e-Settlements service from which practitioners across Australia can benefit.

InfoTrack is Australia’s leading provider of e Conveyancing technology and services and has been creating software for the legal and financial industries for over 18 years. InfoTrack has a focus on simple, end-to-end solutions, leveraging expertise to craft a truly integrated e-settlements platform that you can trust.

As one of the world’s leading financial exchanges, the ASX bring experience in clearing and settling transactions with security, speed, reliability, and cutting-edge technology. The combination of the two brings you Sympli: the next-generation e-settlements solution delivering healthy competition, reliability, security and value to the industry. For more information visit www.sympli.com.au