By Anthony Wallace
New research from the Institution of Surveyors NSW Inc (ISNSW) has revealed the unpopularity of the NSW Government’s move to privatise the land titles registry.
The exclusive poll of 1,000 homeowners aged between 25 to 65 years and above, revealed that over 70 per cent were unaware of the NSW Government’s intentions to sell off the NSW Land and Property Information (LPI).
Over 80 per cent of respondents have called upon the NSW Government to scrap its decision to handover the self-funded world-class registry which made $130 million in profit in 2015-16, to the hands of private corporations. A resoundingly minute 6 per cent of respondents back the controversial move.
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this story first appeared in Spatial Source.
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