DOLA makes electronic move

ONLINE land transactions will eventually replace paperwork under a five-year strategic plan for the Department of Land Administration.

At the launch of DOLA’s 2000 to 2005 strategy, Lands Minister Doug Shave said online services were a growth area on which the agency hoped to capitalise.

“Technology is paving the way for fully electronic land transactions,” Mr Shave said.

“This will end the paper trail between banks, solicitors, conveyancers and government agencies.

“Land title and related transactions add up to around $14 billion a year and security of land tenure underpins much of capital investment.

“Because of this, it is vital that we maintain a high level of confidence in our land administration system,” Mr Shave said.

He said people using DOLA’s services would see significant changes in the next five years.

DOLA also aimed to reduce its reliance on government funding during this period.