on 12-05-2020 03:30 PM
So this well-known issue is arising again, and I would like to find out, please if there is any progress on resolving this issue?
8 June 2020 is a public holiday in many states, but not in Queensland. However, as the Reserve Bank chooses to close its doors on a day that is NOT a national public holiday, us Queenslanders are prevented from affecting settlements in PEXA that day.
I understand PEXA is not causing the problem, but I am hoping PEXA power and ingenuity can persuade the Reserve Bank to represent the whole country and only close their doors on national public holidays, allowing all states to benefit from electronic settlements all the time.
I think it will be impossible to mandate electronic conveyancing in QLD if it is not going to be available during all QLD business hours.
on 13-05-2020 02:17 PM
on 13-05-2020 02:18 PM
Calendar is accessible here: https://www.rba.gov.au/schedules-events/bank-holidays-2020.html
13-05-2020 02:39 PM - edited 13-05-2020 03:43 PM
Permalink on the dashboard(s)?
Even the PEXA + dashboard should show upcoming RBA/PEXA closures...
on 11-06-2020 10:56 AM
I will be keeping an eye out for developments in this area. Please keep us members informed of any progress.