The chief executive of float-hopeful PEXA, Marcus Price, has threatened legal action over demands from the NSW regulator that the electronic property settlements business cap its prices and not block competitors.
A sales process is under way for the national online conveyancing system, which is owned by four state governments, the big four banks, Macquarie Group, Link Group and Rich List developer Paul Little.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au
