Following the successful completion of its e-conveyancing interoperability trial last month, the Australian Registrars’ National Electronic Conveyancing Council has set provisional dates for the completion of the interoperability rollout. Last month’s trial involved two refinancing transactions relating to properties in Queensland and involving PEXA and Sympli Australia, the two approved electronic lodgement network operators (ELNOs). Commonwealth Bank and NAB were the participating banks. ARNECC wants to see an interoperable lodgement that includes a mortgage and discharge of mortgage by a limited group of ADIs by July 2025.  And by December 2025, it wants to see a mortgage that includes a mortgage and discharge by any subscriber, and lodgement of all available electronic registry instruments. The dates were included in a consultation paper setting out operating requirements. Interoperability allows multiple ELNOs to host parties participating in the same transaction. When e-conveyancing emerged in Australia a decade ago, PEXA was the only ELNO. It still has a market share of around 90 per cent. Sympli was established in 2018 and completed its first transaction in 2019.  Governments are keen to have competition in the market and the Ministerial Forum on National Electronic Conveyancing mandated interoperability in May last year. There have been a few false starts leading up to last month’s trial.  Sympli chief executive Philip Joyce said in a statement: “It is critical that the dates set by ARNECC are mandated as soon as possible to ensure that these reforms are fully implemented. “These reforms will bring the benefits of competition to thousands of businesses and millions of people across the country.”