PEXA drives billions of dollars of efficiency gains to Australian economy – new report
By PEXA - 6 January 2026
PEXA has contributed more than $3 billion in productivity improvements to the Australian economy since 2015, as a result of its transformation of the property settlement industry.
That’s according to new research conducted by renowned economics and policy advisory firm Acil Allen, which comprehensively demonstrates the significant contribution PEXA has made to the Australian economy through its world-first transformation of the domestic property industry.
The PEXA Economic Impact Report demonstrated that PEXA has contributed:
- A $3.02 billion boost to Gross Domestic Product between 2015 and 2025, including direct efficiency gains of $2.4 billion and flow-on effects of $0.6 billion.
- A $2.99 billion uplift in Gross National income over the same period
- And $480 million worth of economic impact each year since 2022
This significant impact reflects time and costs savings, and other flow on effects, generated for PEXA customers and key stakeholders through the digitisation of the conveyancing process.
PEXA Chief Executive Office and Managing Director Russell Cohen said that the report findings reflected the real value of efficiency, security and reliability in an economy built on property.
For the first time, we have a clear picture as to exactly how the world’s first electronic lodgement network has contributed to the Australian economy
“That understanding is important given PEXA’s stewardship over a technology platform that has transformed one of the economy’s most important processes — property settlement — into a faster, safer and more efficient experience for all Australians.
The PEXA platform represents Australian innovation at its finest. By modernising a previously fragmented and paper-heavy system, we have created a seamless, transparent and resilient piece of national critical infrastructure that reduces errors and transforms hours of work into minutes.
“It also signals to the world our capability to transform critical processes through innovative digital solutions.”
Acil Allen’s analysis draws on PEXA’s estimates of total e-conveyancing transaction volumes together with existing research on the time savings achieved by replacing manual conveyancing methods. The quantified productivity improvements are then modelled using the Tasman Global Computable General Equilibrium framework to assess their broader economic effects.
The Tasman Global framework is a model that estimates relationships between variables at different points in time. This is in contrast to comparative static models, which compare 2 equilibriums (one before an economic disturbance and one following). A dynamic model such as Tasman Global is beneficial when analysing issues for which both the timing of and the adjustment path that economies follow are relevant in the analysis.