PEXA Group Flags AU$70 Million Revenue Hit on IPART 20% Fee Cut Proposal; Shares Hit Record Low
() -- PEXA Group (ASX:PXA) warned of a potential AU$70 million revenue impact following the Independent Pricing and Regulatory Tribunal's (IPART) draft report on Electronic Lodgment Network Operator service fees, which proposes reducing transfer transaction charges by around 20%, according to a Friday Australian bourse