New State Revenue Office Concession for those purchasing commercial and industrial properties in regional areas by Sarah Coombs As of 1 July 2019, the State Revenue Office is offering a concession for those purchasing land in [...]
Easy Conveyancing for Purchasers by Sarah Coombs Buying or selling a property can be a daunting process, but by following the 9 steps detailed below, both vendors and purchasers can reduce stress and have a better [...]
Common mistakes in conveyancing when there’s a water share By Jacqui Brauman About 10 years ago, many water rights were detached from the land, and became like a land title (but a water share) within their [...]
Lease v Licence A lease is a proprietary right in the property and enjoys protections under the law. But a licence, however, is merely a contractual right that exists between the parties to the agreement. It is [...]
Position! Position! ... Condition By Rochelle Manderson With Real Estate, it is: "Position! Position! Position!" But you should be thinking, "Condition! Condition! Condition!" This blog is about the condition of the property at settlement. Whether you are [...]
GST Withholding and What Does it Mean For You? by Melitta Hill Do you have a GST Withholding obligation? As of the 1st July 2018, certain Purchasers of new residential premises and ‘potential residential land’ are required [...]
SMSF and Stamp duty by Elizabeth Romeril Purchasing property in the name of a self-managed superannuation fund (‘SMSF’) can be advantageous, depending on your financial circumstances. You should always get advice from a financial planner before commencing [...]
First Home Owners by Elizabeth Romeril The availability of the First Home Owners Grant (‘FHOG’) to first time buyers is well known. Your eligibility for this grant will depend on the [...]
Stamp Duty for Spouses by Elizabeth Romeril The transfer of property between spouses is a transaction that takes place routinely. Whether it is to achieve taxation benefits or to put in place effective estate planning, it is [...]
Stamp Duty and Farms by Elizabeth Romerill The State Revenue Office recently made changes to the exemptions and concessions available for the amount of stamp duty payable when you purchase a property. Over the next few weeks [...]
