Greens to Support Transition to Digital Land Titles System

Today Abigail spoke briefly in support of the Real Property Amendment (Certificates of Title) Bill 2021, emphasising the need to ensure the transition is safe, secure, and in the best interest of NSW residents.

The Bill will finalise the transition of the NSW land titles system from paper process to a completely digital one, a transition which has been underway for several years. The new digital system presents many benefits, however Abigail addressed the importance of ensuring that the process is as secure and safe as possible for all members of our communities.

Abigail said (20:07):

On behalf of The Greens, I support the Real Property Amendment (Certificates of Title) Bill 2021. We listened very carefully to the comments that were made by the Labor shadow Minister in the lower House— They were very persuasive.

We share some of the concerns raised by the Opposition's stakeholders and we recommend that those concerns be addressed. We acknowledge that they are ancillary to the bill rather than part of the bill itself. I note two of those concerns. First, we must ensure that the transition to a wholly digital conveyancing system is secure and safe, and that we are protecting and securing ourselves against fraudulent activity and misconduct. Secondly, we must ensure that the removal of Control of the Right to Deal, or CoRD, does not result in residents losing any property ownership rights to the mortgagee, especially in relation to dealings being permitted without the consent of the CoRD holder. With those brief remarks, I indicate that The Greens will support the bill.

The full transcript can be found on Hansard here.

TAX SUPERPROFITS TO PAY WORKERS MORE

NSW is missing out on tens of billions of dollars. By introducing a progressive coal royalty structure similar to the one in Queensland, we would have raised an extra $20 billion last year.

The NSW Government owns and controls, on behalf of the people of this state, the rights to the minerals and materials that naturally occur in NSW land.

Huge fossil fuel companies are only able to extract and sell these commodities with the consent of the State. It’s time they paid a fair price for that privilege.

The fossil fuel industry has made hundreds of billions of dollars out of their cosy relationship with governments. Granted permission to extract and sell coal, these large multinational fossil fuel corporations pay just over 7% in royalties back to the people of NSW – keeping the rest as mega-profits for themselves. These companies have a track record of taking more than their fair share and leaving communities suffering and stranded with poisoned groundwater, devastated landscapes and a stranded workforce when it suits their business models.

Globally, the hyper-inflation of fossil fuel prices driven by price-gouging opportunism and war profiteering from Putin’s invasion of Ukraine has delivered record windfall profits to these already obscenely wealthy corporations. In the last year, NSW coal exports totaled over $70 billion dollars, but the people of NSW will only see about 7 cents in every dollar, or about $6 billion dollars of that amount.

Rather than going toward schools, hospitals and public infrastructure, billions of dollars went into the pockets of multinational mining corporations. The Greens believe there should be more money for schools and hospitals and less for mining billionaires.

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Greens to Support Transition to Digital Land Titles System

TAX SUPERPROFITS TO PAY WORKERS MORE

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