The 2026 Federal Budget has been more notable than past years’, particularly for its shake up of the Australian tax regime. The two biggest changes have been the removal of elements of negative gearing and
Property rights in Australia can be a difficult landscape to navigate and when it comes to estate planning, the terms “life interest” and “right of residency” often surface. While these terms might sound similar concepts,
In Victoria, the trio of easements, covenants, and caveats play a pivotal role in defining and safeguarding property interests. But what are they? Easements Essentially an easement grants a legal right to use someone else’s
When you transfer property between you and your ex as part of a property division, you may not turn your mind to the issue of whether stamp duty might apply to certain transactions. Stamp duty
Foreign residents must usually obtain approval of Foreign Investment Review Board (FIRB) prior to the purchase of Australian residential property. FIRB’s requirements are summarised below. When is FIRB required? Subject to some exceptions and qualifications,
In October 2021 the Victorian Government introduced a significant new tax payable by some Victorian landowners whose land is rezoned resulting in an uplift in the land value. The Windfall Gains Tax Act 2021 (the
You may have heard of Section 173 Agreements in the course of your property dealings but, you may not have considered what these agreements are actually about. A Section 173 Agreement is essentially a contract
Understanding the legislation and the impact of contract terms on construction projects and building works is a complex process. It is an area that requires the perfect marriage of good legal skills and a thorough
Buyers of residential property may be eligible for stamp duty waiver of up to 50% of duty payable on property purchases. The concession applies to contracts entered into from 1 July 2021 to 30 June
