Sympli Australia has officially opened for business with the lodging of its first electronic property settlement document in Queensland last week, adding a competitor to Property Exchange Australia (PEXA).

The lodgment was a priority notice completed on behalf of KRG Conveyancing in Queensland. With the development, Qld has become the first state where users have a choice in e-settlement providers.

“It is great to have choice in electronic settlement providers, and we are keen to see more electronic settlements in Queensland,” said George Richardson, KRG Conveyancing general manager.