Queensland court must unravel monstrous property title scandal
By TONY MOBILIFONTIS
QUEENSLAND and Australia’s corrupted property title and associated law will be laid bare before the Northern Division of the Supreme Court of Queensland on March 30th when former One Nation senator Len Harris presents evidence in his case to have the Land Act 1994 struck down as being beyond legal power.
Harris has set up a GoFundMe account under the title The Silent Majority to fund the court costs. The hearing will take place at the Supreme Court at 5A Sheridan St Cairns at 10am. “We are asking people to start arriving at 9.30am so as to get through security and up to Court 1 on the fourth floor,” Harris told Cairns News.
Parchment property title deeds, traditionally the proof of your ownership of property, have not only been declared null and void but the records of their existence destroyed by the Queensland government on October 1, 2019. A complicated scheme of government and corporate chicanery has turned the titles into digital entities held by an uncertain “Register”. Settlement of property transactions is handled by three private companies.
Australians who care about their sacred right of property ownership might consider the diabolical threat to the world of the World Economic Forum – “It is 2030 and you own nothing but you will be happy”.
The shocking situation that puts your property title deed in the hands of an unknown entity with no guarantee that they won’t be seized in some sort of future “Great Reset” came about a few years ago when governments announced they were implementing a new property title electronic lodgement system.
The very real threat is that these companies may become the target of a hostile takeover action by some foreign corporation, putting the integrity of property titles in serious doubt.
A director of one of the three electronic lodgement operators, Property Exchange Australia (Pexa) Ltd, has told Len Harris that they don’t hold titles. They merely complete the buyer-seller transaction and the “title” – an electronic binary code – is lodged with another entity. The two other operators of the system are Purcell Partners Pty Ltd and Sympli Australia Pty Ltd.
The beginnings of this scandal go back to 2012 when the Victorian and NSW governments developed the electronic lodgement system for property titles. The NSW government took their Act to a COAG (Council of Australian Governments) meeting to have it adopted Australia-wide after 75% of the state and territory COAG members agreed.
Harris notes that the Queensland Act mirrors the NSW Act but was never debated in Parliament and the Queensland government cannot alter the Act.
COAG, without consulting the Australian people, then set up a body called ARNECC – the Australian Registrars National Electronic Conveyancing Council – to act as the overarching authority on our property titles. Most Australians had never heard of this organisation, let alone being consulted over how it would affect their property titles. ARNECC issued licences to the companies holding the now “electronic titles”.
So the very titles we once held and could access at any time and show as evidence that we are the lawful owners of our property, came under the control of corporate Big Brother, the three companies and government entities that few people had even heard of until recently. The companies are officially known as ELNOs – electronic lodgment network operators – whose role is to facilitate property settlements between sellers and purchaser and then notify the Titles Registry. But Harris says which registry the titles go to is a grey area.
The system operates under the so-called Electronic Conveyance National Law which was amended in February to enforce “interoperability” between the ELNOs. This move supposedly supports a “sustainable competitive market structure for electronic conveyancing”.
Meanwhile, the Australian property owner, who once held his property title deed in his hand, might well be asking how this bureaucratic jiggery pokery affects his lawful property ownership. Are we to accept that our property titles should be confiscated and traded for the benefit of private company owners?
Len Harris also wonders what might happen to the titles in the case of a hostile, stock exchange takeover of one of the ELNO companies. PEXA, before it listed on the Australian Stock Exchange, was subject to a $3.1 billion takeover bid by a consortium called KKR-Domain.
In Queensland the corporate-bureaucratic jiggery pokery continued at another level. On October 1, 2019 the Queensland Land, Explosives and Other Legislative Amendments Act enabled the cancellation of all property title deeds.
The Palaszczuk government then took the Debt Reduction and Savings Act 2021 which they magically turned into a new Act called the Queensland Future Fund (Titles Registry) Act 2021. The stated purpose of this Act is to support the Queensland Future (Debt Retirement) Fund set up under the Queensland Future Fund Act 2020. This Act allows for “the entity to collect and keep fees and other amounts relating to the land registry or water allocations register”.
Harris says they have created a sink fund, which is defined as a fund containing money set aside or saved to pay off a debt or bond. A company that issues debt will need to pay that debt off in the future, and the sinking fund helps to soften the hardship of a large outlay of revenue. He says the Future Fund has already gone offshore to borrow $2 billion.
All these corporate-government machinations in the service of debt raise serious questions about the integrity of the property title system – or what is left of it.