NSW Land Titles Office

The NSW Coalition government’s decision to lease the 150-year-old Land Titles Registry to a private consortium of Hastings Funds Management and First State Super is "a recipe for disaster" for millions of property owners across the state, the NSW Public Service Association (PSA) said on April 12.

First State is a $59 billion superannuation fund, which developed from a NSW public sector fund. Hastings is owned by Westpac Bank.

Opposition is growing to the NSW Coalition government’s move to privatise the state-owned land registry, the Land and Property Information office (LPI). Sources inside the LPI are increasingly alarmed at the government’s rush to sell the office as community concern mounts against the sale itself.

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