- We can provide advice on GST, CGT, land tax and stamp duty implications for property transactions, including recently-introduced expansion of the duties framework to include economic entitlements gained by development managers and other joint venture vehicles.
WHO YOU’LL WORK WITH
Stuart Wilson
Director
Peter Lumb
Associate Director
Andrew Lumb
Special Counsel
John Rados
Senior Associate
Nathan Xu
Senior Associate
Stephanie Chafer
Lawyer
Jean Xu
Conveyancer
Lily Cheng
Conveyancer
Hilda Felices
Paralegal
Julia Zajac
Paralegal
Topics We’ve Written About
Life interests v a rights of residence – understanding the difference
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, they actually represent different legal...
Easements, Covenants and Caveats
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 land for a specific purpose, such as access...
Stamp duty exemptions for current and former spouses or domestic partners
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 is the tax paid to the State Government upon the transfer of property,...
Foreign Investment Review Board (FIRB) Requirements
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, a...
What is Windfall Gains Tax?
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 Act) will take effect and impose the Windfall Gains Tax...
What is a Section 173 Agreement?
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 between a municipal council and a registered proprietor...