The latest Federal budget proposed a number of amendments to the capital gains tax regime. A particular focus of these changes are directed to addressing housing affordability in Australia while also seeking to improve compliance by foreign investors of their tax obligations. These amendments built upon regulations introduced in last year’s budget.
When you purchase property with another person, your solicitor will ask you: Joint Tenants or Tenants in Common?
The purpose of this article is to explain the difference between these terms and how your decision can affect you in the future, particularly from an estate planning perspective. Continue reading Joint Tenants vs Tenants in Common
Are you a landlord or a tenant under a Retail Shop Lease? There have been some changes to the law that you need to be aware of.
After a comprehensive process beginning in 2011, the latest amendments to the Retail Shop Leases Act 1994 (“the Act”) have been passed into law. A short summary of the changes is as follows: Continue reading Retail Shop Lease Changes
A question which is often asked when parties enter into a commercial lease is whether the lease should be registered on title to the property. This article summarises the advantages and disadvantages associated with registration of leases. Continue reading Should I Register my Commercial Lease?
With over 400 kilometres of constructed canal frontage on the Gold Coast, and an ever increasing number of recreational water users, the potential exists for conflict between property owners and people using the adjacent water ways.
Any waterfront property owners or regular water users reading this could probably relate a relevant story. The writer has personally observed an upset waterfront property owner throwing rocks at a kayak fisherman, fishing in the adjacent canal, encouraging him in an enthusiastic fashion to “get off his water”. Continue reading “Get Off My Water!”
On 1 December 2014, the Property Occupations Act 2014 (Qld) and the Land Sales and Other Legislation Amendment Act 2014 (Qld) commenced which enacted various changes to pre-existing and off-the-plan residential property purchases.
Continue reading Changes to Residential Conveyancing
Purchasing a home or an investment property on the Gold Coast (or anywhere for that matter) can be both an exhilarating and stressful experience for the parties involved. Continue reading 9 Tips On Buying A Property