ASX:PXAReal Estate
PEXA Group (ASX:PXA) Faces A Valuation Test Following The Proposed 20% Fee Cut
Regulatory shock puts PEXA Group in the spotlight
The draft report from the NSW Independent Pricing and Regulatory Tribunal proposing a 20% cut to regulated service fees has pushed PEXA Group (ASX:PXA) firmly into focus for investors.
This potential reduction, estimated at about A$70 million of revenue, triggered a sharp share price fall and raised fresh questions about how dependent the business is on its current fee structure.
See our latest analysis for PEXA Group.
Zooming out, the IPART...