12 April 2018
Clients often come to me asking me to draft up or review their commercial property purchase or sale contract. The first thing they will tell me is the price, and the first question I ask is ‘plus or including GST?’ Whilst a lot of the time the GST Exemption for a Going Concern applies, it […]
» Read More6 April 2018
Before you are 18 years old, you cannot drink alcohol or vote in public elections. But does the law allow you to buy residential or commercial real estate? Signing a Contract under-aged In Queensland, the Property Law Act 1974 (Qld) provides that a buyer of property in Queensland is presumed to be – At least […]
» Read More19 March 2018
Whilst this topic can keep any prudent business owner up at night (if they don’t have proper IT protections), new legislation came into play on 22 February 2018 which should keep us all up at night if we don’t put the proper protections in place. The Privacy Act (the “Act”) was amended on 22 February […]
» Read More12 March 2018
In the 2017 budget, the Federal government announced a new GST withholding regime to be applied to all residential developments. Draft legislation was released late 2017 providing a glimpse into some significant changes for developers (in particular) and buyers alike. GST on residential property sales – the current situation Sales of new residential properties (i.e. […]
» Read More8 March 2018
Parties to a commercial lease often rapidly work towards finalising the terms of the lease, having all relevant documents signed and ensuring bank guarantees and insurance are in place – ; so that the tenant can take possession, do any fit out and start paying rent. It is often an after-thought consideration whether or not […]
» Read More14 August 2017
As of 1 July 2017, a 1.5% land tax surcharge is being imposed by the Queensland Government on absentee land owners. This is known as the absentee land tax. An ‘absentee’ land owner is not just a foreign owner – it can include Australian citizens who do not ordinarily live or reside in Australia. If […]
» Read More10 August 2017
The Fair Work Commission reviews modern awards every 4 years to make sure the awards continue to provide a fair and minimum safety net to employees. In the most recent review, the Fair Work Commission decided that all awards should provide a right for casual employees to convert to part-time or full-time permanent employment in […]
» Read More27 July 2017
What is the Personal Property Securities Register (PPSR)? The PPSR is a real time online national register on which secured parties such as financiers and suppliers can register their security interests in personal property. A ‘security interest’ is defined in the Personal Property Securities Act 2009 (PPSA) as an interest in personal property that secures […]
» Read More19 July 2017
Let’s recap on changes which have now taken effect following the latest Federal Budget. The tax increases and charges to foreign buyers are estimated to bring in an extra $600 million for the government over the next 4 years. Buyers and sellers need to be on their toes in order to comply with the changes. […]
» Read More13 July 2017
Well, it is more paperwork… but it is important! Queensland legislation requires sellers of units to disclose certain matters to buyers. The amount of disclosure that is required will depend on whether the property you are purchasing is completed, or if it is to be completed at some stage after the contract has been signed. […]
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Level 8, 241 Adelaide Street,
Brisbane QLD 4000
Level 1, 2 Emporio Place
Maroochydore, Qld 4558
Level 8, 241 Adelaide Street,
Brisbane QLD 4000
Level 1, 2 Emporio Place
Maroochydore, Qld 4558
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