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Tony, Michael and David Partners at ABKJ
ABKJ Lawyers

First Home Loan Deposit Scheme

The First Home Loan Deposit Scheme (FHLDS) is designed to help low to middle-income earners enter the property market. Previously, most banks required a minimum deposit of 20% of the property’s value. However, with the Government’s new deposit scheme, first time home buyers are allowed to pay a deposit of as little as 5%. This will help them buy a home sooner.

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ABKJ Lawyers
ABKJ Lawyers
ABKJ Lawyers

Airbnb On The Gold Coast: The Home-Based Business Exception

An increasing number of Gold Coast locals using sharing-economy accommodation giant Airbnb have approached ABKJ Lawyers with concerns regarding their liability under Gold Coast local law. Many of them have approached us following receipt of a Show Cause Notice from the Gold Coast City Council – a document which, in most circumstances – effectively requires them to immediately cease their Airbnb operation or face severe financial penalties (on the basis that the correct planning approvals have not been obtained).
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ABKJ Lawyers
ABKJ Lawyers

Airbnb & The Law On The Gold Coast

Launched in 2008, San Francisco-based hospitality marketplace Airbnb is presenting uniquely modern hurdles for regulatory systems ill-prepared for sharing economy services. The website, which allows lot owners to rent out their spaces; whether a whole apartment in Surfers Paradise, a treehouse in the Currumbin Valley, or a bedroom in Robina, has proven to be a popular alternative to traditional models of accommodation. Continue reading Airbnb & The Law On The Gold Coast

ABKJ Lawyers

Are Lawyers the new Tax Collectors? – Changes to Conveyancing

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.

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ABKJ Lawyers
ABKJ Lawyers
ABKJ Lawyers