The NSW Coalition government’s decision to lease the 150-year-old Land Titles Registry to a private consortium of Hastings Funds Management and First State Super is "a recipe for disaster" for millions of property owners across the state, the NSW Public Service Association (PSA) said on April 12.
First State is a $59 billion superannuation fund, which developed from a NSW public sector fund. Hastings is owned by Westpac Bank.