PEXA Group to Host Investor Briefing on IPART Draft Report Concerning ELNO Fees

Key Points<\/h3>

• Company: PEXA Group Limited (ASX:PXA)<\/li>
• Investor briefing to be held on Friday, 3 July 2026 at 9:30am AEST following IPART’s anticipated draft report release on ELNO service fees<\/li>
• IPART’s review concerns fees charged by Electronic Lodgement Network Operators, including PEXA’s core Australian business<\/li>
• PEXA’s platform processes approximately 90% of property transfer settlements in Australia, having facilitated over 26 million settlements since 2013<\/li>
• Investors should focus on the IPART draft report and PEXA’s response during the briefing, as any fee adjustments could significantly influence the company’s Australian revenue base<\/li> <\/ul> <\/div>

  IPART’s Examination of ELNO Fees and Its Impact on PEXA’s Australian Operations<\/h2>

  The Independent Pricing and Regulatory Tribunal (IPART) is undertaking a formal review of service fees charged by Electronic Lodgement Network Operators across Australia. As the dominant ELNO, processing roughly 90% of property transfer settlements, PEXA is central to this regulatory evaluation. The review’s outcome could directly affect the fees PEXA charges conveyancers, solicitors, financial institutions, and other users of its platform for property transactions.<\/p>

  IPART, an independent regulatory body in New South Wales, sets prices for government-regulated services. Its involvement indicates that pricing for digital property settlement infrastructure is a matter of public interest rather than solely commercial negotiation. For PEXA, whose Australian business relies heavily on transaction fees collected via its platform, regulatory changes to fee structures could materially impact its domestic revenue. The company has not provided specific financial guidance or projected revenue effects in this update.<\/p>

  Investor Briefing Set for 3 July 2026 at 9:30am AEST<\/h2>

  PEXA confirmed it will conduct a dedicated investor briefing at 9:30am AEST on Friday, 3 July 2026, shortly after IPART’s draft report is expected to be released earlier that morning. This timing suggests PEXA’s management intends to promptly address the market once the regulatory document becomes public. Interested participants must register in advance through a link provided in the company announcement.<\/p>

  Registered attendees will receive dial-in details, a calendar invitation, and a unique PIN to join the live conference call. The format indicates PEXA management is prepared to answer questions from investors and analysts regarding the implications of IPART’s draft findings. Investor relations queries can be directed to Lisa Newns-Smith, while media inquiries should be addressed to James Aanensen, as noted in the release. This approach offers investors a direct channel to clarify a potentially market-moving regulatory development.<\/p>

  Significance of PEXA’s 90% Market Share in Australian Property Settlements in Relation to IPART’s Decision<\/h2>

  PEXA holds a dominant position in the Australian property settlement market. Since its inception in 2013, it has facilitated more than 26 million property settlements, with approximately 90% of all property transfer settlements in Australia processed through its platform. This near-monopoly status in digital property exchange infrastructure represents both a commercial advantage and a regulatory focus, as regulators closely scrutinize pricing in markets dominated by a single operator.<\/p>

  Given PEXA’s market concentration, any IPART determination on ELNO service fees will effectively establish pricing parameters for the vast majority of residential and commercial property transactions nationwide. For investors, the draft report is a critical document that could set the revenue limits for PEXA’s core Australian operations for years ahead. The company has not disclosed the specific fee levels under review or the range of possible outcomes being considered by IPART.<\/p>

  Regulatory Timeline: Draft Report Expected on Morning of 3 July Prior to Briefing<\/h2>

  Scheduling the investor briefing on the same morning as the anticipated IPART draft report release reflects PEXA’s commitment to regulatory transparency. By hosting the call within hours of publication, management aims to provide immediate context and interpretation, preventing investors from relying solely on a potentially technical regulatory document.<\/p>

  It is important to note that the IPART document is a draft<\/em> report, not a final ruling. Draft reports typically undergo a public consultation period during which stakeholders, including PEXA, can submit feedback before a final decision is made. Therefore, while the 3 July briefing will be closely observed, the regulatory process may continue beyond that date, and the final fee outcome could differ from the draft’s proposals. Investors should consider this timeline when evaluating the news.<\/p>

  PEXA’s UK Expansion Amid Australian Regulatory Review<\/h2>

  While the IPART review focuses on Australian operations, PEXA has been actively expanding internationally. The company entered the UK digital refinancing market in 2022 and launched its Sale and Purchase capability there in 2025. This expansion aims to diversify revenue streams and replicate PEXA’s digital settlement model in a comparable common-law property market.<\/p>

  The UK growth strategy gains additional importance given the IPART review. Should regulatory changes limit PEXA’s Australian fee revenue, international operations could play a larger role in the group’s overall financial results. Conversely, if the draft report maintains the current fee framework, it would support stability in PEXA’s Australian earnings as the company invests overseas. The company did not disclose UK revenue or growth figures in this update.<\/p>

  How ELNO Regulation Influences PEXA’s Business Model<\/h2>

  Electronic Lodgement Network Operators provide the digital infrastructure enabling secure, simultaneous transfer of property titles and funds. In Australia, ELNO regulation stems from intergovernmental agreements designed to standardise and modernise property conveyancing across states and territories. PEXA operates within this framework and is overseen by state regulators and bodies such as IPART.<\/p>

  Since PEXA’s revenue is largely derived from per-settlement fees, the allowable fee structure is a key factor in assessing its earnings potential. Any fee adjustments, upward or downward, would directly affect transaction revenue. Thus, the IPART review is not only a compliance issue but a fundamental consideration for analysts and investors modeling PEXA’s future cash flows. The company has not provided guidance on expected financial outcomes from the review.<\/p>

  What to Expect from the 3 July Conference Call<\/h2>

  The investor briefing will be a live conference call featuring a prepared management presentation followed by a Q&A session. Registration is available via a direct link, with attendees receiving access details and a unique PIN. The participation of the CEO and Group Managing Director, who authorised the update, signals senior management’s direct involvement in communicating with investors.<\/p>

  Attendees will likely seek clarity on PEXA’s interpretation of the draft report, preliminary views on potential fee impacts, the company’s planned response during the consultation period, and implications for financial outlook. Analysts may also question management on competitive dynamics and regulatory strategy. The immediate effect on PEXA’s share price was not evident from publicly available information.<\/p>

  PEXA’s Status as a Leading Global Digital Property Exchange Platform<\/h2>

  PEXA positions itself as a world-leading digital property exchange business, supported by its transaction volume and market penetration in Australia. Since 2013, its platform has processed over 26 million property settlements, reflecting deep integration within Australia’s property transaction ecosystem. Conveyancers, legal professionals, banks, and financial institutions routinely use PEXA’s system as part of standard settlement processes.<\/p>

  Given its central role in the Australian property market, PEXA’s regulatory relationships remain strategically important. Maintaining constructive engagement with regulators like IPART is integral to managing its operating environment. The decision to brief investors promptly after the draft report release aligns with this approach. For a company operating within a regulated framework, effectively navigating pricing reviews is as critical as pursuing commercial growth.<\/p>

  Next Steps for Investors After IPART Draft Report Release<\/h2>

  The immediate next step for investors is the 3 July 2026 briefing, where PEXA’s management is expected to discuss the draft report’s content and implications. Following this, the regulatory process will likely include a consultation period allowing PEXA and other stakeholders to submit formal feedback before a final decision. The timeline for IPART’s final determination was not disclosed.<\/p>

  Investors should monitor any formal submissions PEXA makes to IPART, updates to financial guidance related to the review, and progress in the UK market as the company pursues international growth. The interplay between regulatory risk in Australia and investment in the UK creates a complex near-term outlook, and the 3 July briefing may provide the clearest insight into how management plans to balance these priorities.<\/p>