FOREIGN PURCHASER AND ABSENTEE OWNER SURCHARGES. Costa Koutsis FTIA Partner, PwC
|
|
- Ezra York
- 5 years ago
- Views:
Transcription
1 FOREIGN PURCHASER AND ABSENTEE OWNER SURCHARGES Costa Koutsis FTIA Partner, PwC
2 Overview The Surcharges Key Concepts Challenging Areas What s next?
3 The Surcharges VIC QLD NSW Stamp duty surcharge on residential property 7% from 1 Jul % from 1 Oct % from 21 Jun 2016 Land tax surcharge for the 2017 land tax year 1.5% for any property None 0.75% for residential property
4 Key Concepts Foreign Purchaser Residential Property Transitional Provisions Enforcement How different are the land tax surcharges?
5 Who is a Foreign Purchaser Approach varies between the states NSW relies on FIRB definition with minimal changes Queensland and Victoria have introduced their own definitions but similar to FIRB Cases concerning FATA?
6 Who is a Foreign Purchaser cont. Individuals - Not Australian citizen, permanent resident or NZ resident Foreign corporations regardless of ownership / control For Australian corporations / trusts a foreign person must hold a substantial interest based on ownership, voting power or potential voting power: 50% or more for Qld and Vic 20% or more for NSW Control provision in Victoria Applies regardless of ownership interest Rights, practical influence, practice and patterns of behaviour
7 Who is a Foreign Purchaser cont. Tracing through a chain or series of interests Aggregating multiple foreign owners NSW / Qld all foreigners (even if not associates) and their associates (even if the associate is not foreign) Victoria only associated foreigners Possibility for ex gratia relief in Vic and Qld Foreign Governments 3 year reassessment rule in Qld Looking through apparent purchasers in NSW
8 What is a residential property Landholder vs ordinary transfer duty Land used for a residential purpose Intention is important in Victoria and Queensland is or will be or intends Change of intention also relevant for Victoria Vacant or substantially vacant land in New South Wales Importing concepts from other legislation Commercial residential premises Planning law nuances Single family units and PEXA coding
9 What is a residential property cont. Mixed Use NSW and Qld - apportionment possible Victoria - no apportionment - sole or primary use taints all Commercial residential premises Hotels Motels Serviced Apartments Student Accommodation Retirement Villages Unintended policy outcomes Inner city office conversion Urban growth (affordable housing) flat land subdivision
10 Transitional Provisions NSW agreement entered into prior to 21 June but completed after Victoria no clear transitional for transfer duty rate increase but many for landholder duty / transfer rights Queensland no express transitional but probably not needed given structure of provisions and time between announcement and introduction
11 Enforcement Enforcement of local tax debts in foreign jurisdictions difficult NSW - no additional powers Victoria and Queensland statutory charges specific to the surcharge only Queensland issues relating to joint and several liability of the parties at law
12 How different is the land tax surcharge Absentee owner v foreign purchaser Same definition used in New South Wales Broader definition for land tax in Victoria particularly for trusts What land is caught? Residential and commercial land in Victoria Residential only in New South Wales Other implied surcharges Different rates for foreigners Exemptions with an Australian centric component
13 Challenging Areas Reliance on other legislation Commercial residential premises When is a serviced apartment a serviced apartment What student accommodation is caught Joint investment Investors acquire as tenants in common Investors invest in a trust and trust acquires property Taxation of Australians? Multiple incidences of duty through development lifecycle Should surcharge apply on sales to consumers only Providing greater certainty on ex gratia applications Yearly exemption vs transaction by transaction Timeliness
14 Challenging Areas Need for greater due diligence Victoria and changes of intention What time limit? Intended use vs actual use Queensland 3 year rule Possibility of double duty Statutory charges Victorian land tax surcharge Are wholesale and listed trusts really excluded? Apportionment Land held directly by a trust with mixed investors Land held by a sub trust of a holding trust with mixed investors Ex gratia exemption for companies but not trusts
15 What s next? One state legislates another follows: Land rich changes Introduction of land holder duty No harmonisation between states: Who is a foreign purchaser? What is residential property? What is the rate? Different approaches to implementation New head of duty Simple rate increase Exemptions Administration What s next? Do remaining states follow? Expanding the base?
16 Thank you Please complete your evaluation forms and return them to the registration desk
17 Costa Koutsis, PwC 2016 Disclaimer: The material and opinions in this paper are those of the author and not those of The Tax Institute. The Tax Institute did not review the contents of this presentation and does not have any view as to its accuracy. The material and opinions in the paper should not be used or treated as professional advice and readers should rely on their own enquiries in making any decisions concerning their own interests.
Australian Stamp Duty, Land Tax & Surcharges
www.pwc.com.au Australian Stamp Duty, Land Tax & Surcharges 1 November 2018 General Australian Stamp Duty Rates and Thresholds Northern Territory Max. duty rate 5.95% Land value threshold $500,000 Effective
More informationRESIDENTIAL RESEARCH MARKET ACTIVITY REPORT FOR AUSTRALIAN CAPITAL CITIES & REGIONAL CENTRES
RESIDENTIAL RESEARCH MARKET ACTIVITY REPORT FOR AUSTRALIAN CAPITAL CITIES & REGIONAL CENTRES Sep-16 Mar-17 Mar-17 Jun-17 Sep-16 Mar-17 The official cash rate target remained at 1.5 on 6 June 2017. Domestic
More informationTHE LOT A QUARTERLY BULLETIN ON DEVELOPMENT SECTOR ISSUES MAY 2017 EDITION ONE
THE LOT A QUARTERLY BULLETIN ON DEVELOPMENT SECTOR ISSUES MAY 2017 EDITION ONE DEVELOPER SERIES SUMMARY Maddocks recently delivered a seminar as part of its regular Developer Series. The seminar covered:
More informationIncreasing the supply of Affordable Housing additional CGT discount and providing affordable housing through MITs
TaxTalk Insights Increasing the supply of Affordable Housing additional CGT discount and providing affordable housing through MITs 21 September 2017 In brief On 15 September 2017, Treasury released draft
More informationWhat can I do in PEXA? Date: 15 December 2015 Version 1.3
What can I do in PEXA? Date: 15 December 2015 Version 1.3 We are delighted to be able to provide our clients, nationally, with the benefits of increased efficiency and simplicity offered through financial
More informationDuties Amendment (Land Rich) Act 2004 No 96
New South Wales Duties Amendment (Land Rich) Act 2004 No 96 Contents Page 1 Name of Act 2 2 Commencement 2 3 Amendment of Duties Act 1997 No 123 2 Schedule 1 Land rich amendments 3 Schedule 2 Other amendments
More informationDETACHED MULTI-UNIT APPROVALS
HIA New Home Sales DETACHED MULTI-UNIT APPROVALS SALES MULTI-UNIT DETACHED A monthly update on the sales of new homes December 217 TAX BURDEN TAKES TOLL ON New Home Sales during 217 Sales still post modest
More informationElectronic Conveyancing Update
Electronic Conveyancing Update Author: Tim Tierney, Principal of Tierney Law, Law Society of Tasmania Property & Commercial Law Committee member, and Law Council of Australia Electronic Conveyancing Working
More informationAlienation of Income
Alienation of Income Marc Romaldi FTIA Kelly & Co. Lawyers Introduction Alienation of income Strategies in relation to: Leases and Licensing Improvements to property Current use of service trusts Assignments
More informationRESIDENTIAL RESEARCH MARKET ACTIVITY REPORT FOR AUSTRALIAN CAPITAL CITIES & REGIONAL CENTRES
RESIDENTIAL RESEARCH MARKET ACTIVITY REPORT FOR AUSTRALIAN CAPITAL CITIES & REGIONAL CENTRES Jun-16 Sep-16 Dec-16 Aug-16 Nov-16 Feb-17 Aug-16 Nov-16 Mar-17 The official cash rate target remained at 1.5
More informationFRASERS LOGISTICS & INDUSTRIAL TRUST PROPOSED DIVESTMENT OF 80 HARTLEY STREET IN THE STATE OF NEW SOUTH WALES, AUSTRALIA
SGX-ST ANNOUNCEMENT For immediate release FRASERS LOGISTICS & INDUSTRIAL TRUST (a real estate investment trust constituted on 30 November 2015 under the laws of the Republic of Singapore) PROPOSED DIVESTMENT
More informationSOCIAL INVESTMENT TAX RELIEF
SOCIAL INVESTMENT TAX RELIEF A GUIDE TO SITR AND PROPERTY DEVELOPMENT May 2017 For more information and resources on SITR, please visit www.bigsocietycapital.com/sitr. This note has been prepared to help
More informationStock Screener Page Tour
Stock Screener Page Tour Important Disclosure Information is contained on the last page of this report. The recipient of this report is directed to read these disclosures. Page 2 confidential New Constructs,
More informationWA introduces amending legislation to make significant stamp duty changes
WA introduces amending legislation to make significant stamp duty changes 4 December 2018 On 29 November 2018, the Revenue Laws Amendment Bill 2018 (Bill) was introduced into the Western Australian (WA)
More informationNative Title Explained
Native Title Explained Understanding native title is an important part of establishing positive community relationships. This fact sheet provides answers to common questions about native title and is designed
More informationSDLT surcharge - 1 year to go before the expiry of the transitional period
SDLT surcharge - 1 year to go before the expiry of the transitional period November 2017 1 25 November 2017 marks the second anniversary of the 2015 Autumn Statement in which the Government announced that
More informationRP Data Housing market update. October 2014
RP Data Housing market update October 2014 Residential real estate absolutely underpins Australia s wealth position Residential Real Estate $5.6 Trillion Australian Superannuation $1.5 Trillion $1.8 Trillion
More informationCHECKLIST Sale & Purchase of Business
CHECKLIST Sale & Purchase of Business Buying a business isn t as easy as it sounds. Whether you re buying or selling, make sure you deal with these essential tasks. Our team of commercial lawyers have
More informationSuburb Profile Report. Paddington, 2021 NSW
Suburb Profile Report Paddington, 2021 NSW October 2018 About Sound Property Group Sound Property Group is a property investment and education company specialised in sourcing strategic real estate opportunities,
More informationConveyancing in Queensland
Conveyancing in Queensland Our Conveyancing Team The Quinn & Scattini Conveyancing Team deals with residential sales and purchases which include houses, units, duplexes and vacant land. Each member of
More information26 February 2013 FIRST HALF RESULTS PRESENTATION
26 February 2013 FIRST HALF RESULTS PRESENTATION Investment highlights Proven track record of consistent earnings growth and meeting targets Strategically located and diverse residential portfolio Urban
More informationIf GST is included as part of consideration, stamp duty is payable on the GST inclusive amount (Section 15A).
INTRODUCTION This guide has been prepared to assist in calculating the stamp duty payable on the documents available for self-stamping on RevenueSA Online or through the RevenueSA Periodic Return Arrangement.
More informationCommercial Law Cram Notes
Commercial Law Cram Notes 2011 1 st Edition UniCramNotes.com Copyright UniCramNotes.com 2011 Page 1 TABLE OF CONTENTS 1. INTRODUCTION... 4 A. How to use Cram Notes... 4 B. Abbreviations... 4 2. SALE OF
More informationRent Smarter... Page 3. Securing a Property... Page 3. Financial Commitments... Page 3. Rent & Bond... Page 3. Tenancy Agreement...
RENTAL GUIDE Table of Contents Rent Smarter... Page 3 Securing a Property... Page 3 Financial Commitments... Page 3 Rent & Bond... Page 3 Tenancy Agreement... Page 4 Insurance Cover... Page 4 Condition
More informationNATIONAL PERSPECTIVES
Presentation Overview CONTEMPORARY STOCK TRANSFER Insights from the front line Dr Tony Gilmour AHI seminar, Adelaide, 13 October 2014 Australasian perspectives: policy vs. practice by jurisdiction Transfers
More information(b) a purpose directly related to such dealing provided that the purpose is not contrary to any Law; or
Land Titles Terms & Conditions Definitions Authorised Purposes means: (a) dealings with interests in land authorised by Law; or (b) a purpose directly related to such dealing provided that the purpose
More informationThe Victorian Parliament has passed a range of housing measures including the introduction of a tax on vacant residential properties.
The Victorian Parliament has passed a range of housing measures including the introduction of a tax on vacant residential properties. General information What is the vacant residential land tax? The vacant
More informationEDITION 1 GEELONG REGIONAL CENTRE REVIEW GEELONG 2017 MARCH
2017 EDITION 1 GEELONG REGIONAL CENTRE REVIEW 2017 MARCH GEELONG GEELONG AT A GLANCE OVERVIEW MAJOR GOVERNMENT FUNDED PROJECTS National Disability Insurance Agency Headquarters / Department of Human Services
More informationppsanews Perfect it or lose it
Perfect it or lose it Impact of PPSA on the Construction and related industries The new Personal Property Securities Act 2009 (Cth) (PPSA) which commenced on 30 January 2012 will have a significant impact
More informationNSW Affordable Housing Guidelines. August 2012
August 2012 NSW AFFORDABLE HOUSING GUIDELINES TABLE OF CONTENTS 1.0 INTRODUCTION... 1 2.0 DEFINITION OF KEY TERMS... 1 3.0 APPLICATION OF GUIDELINES... 2 4.0 PRINCIPLES... 2 4.1 Relationships and partnerships...
More informationDomain Rental Report September Quarter 2016
Domain Rental Report September Quarter 2016 Dr Andrew Wilson Chief Economist for Domain.com.au Key findings House rents in Sydney, Melbourne, Brisbane, Adelaide and Darwin all remain steady Canberra is
More informationNational Rental Affordability Scheme. Economic and Taxation Impact Study
National Rental Affordability Scheme Economic and Taxation Impact Study December 2013 This study was commissioned by NRAS Providers Ltd, a not-for-profit organisation representing NRAS Approved Participants
More informationWho pays the tax? First-time buyer relief. What is a land transaction? When is the tax payable? How much tax is payable on residential property?
Stamp Duty Land Tax Who pays the tax? First-time buyer relief SDLT is payable by the purchaser in a land transaction occurring in England and Northern Ireland. For land transactions occurring in Scotland,
More informationYour lease (Retail Lease)
Your lease (Retail Lease) Whether you are a landlord or tenant, the terms of your lease can influence the flexibility, profitability and reputation of your business. There are a number of important factors
More informationAgenda. SMP Mortgage & Protection Roadshow Q1, Birmingham 3:35. Venue: Date:
Agenda SMP Mortgage & Protection Roadshow Q1, Birmingham Venue: Ramada Sutton Coldfield, Penns Lake Rd, Sutton Coldfield, Birmingham, B76 1LH Date: Thursday 07 Mar 2019 3:35 In association with our Partners
More informationAustralian Dwelling Prices and Tobin's q
Australian Dwelling Prices and Tobin's q Presentation to UNSW Business School Real Estate Symposium Peter Jolly, Global Head of Research September 2016 Tobin's q q = Market Value for an asset Replacement
More informationFRS 116 Leases: Through the Eyes of Auditors. Ng Kian Hui, Head of Audit & Assurance BDO LLP
FRS 116 Leases: Through the Eyes of Auditors Ng Kian Hui, Head of Audit & Assurance BDO LLP OUTLINE 1. FRS 116 Leases General Overview 2. Identifying a Lease 3. Determining the Lease Term 4. Recognition
More informationAUSTRALIAN HOUSING: HIPSTER BREAKFAST CHOICES OR A NATION OF SPECULATING SPIVS? Housing is a human right
AUSTRALIAN HOUSING: HIPSTER BREAKFAST CHOICES OR A NATION OF SPECULATING SPIVS? A SERIES OF QUESTIONS Is Australia in a housing bubble that will inevitably burst? What drives housing inflation in Australia?
More informationCoreLogic RP Data Property Market Indicator Summary All data to week ending 30 August 2015
Final week of winter returns high auction volumes and a strong clearance rate For the last week of winter, the preliminary auction clearance rate was 75.4 per cent, with 2,583 auctions held across Australia
More informationWhat is hot in conveyancing Phillip Nolan Risk Manager LPLC
What is hot in conveyancing Phillip Nolan Risk Manager LPLC Introduction Communication let me down. Spandau Ballet Key point Good communication in conveyancing includes: being transparent about costs presenting
More informationHousing New Zealand Investor Update
Housing New Zealand Investor Update May 2018 Matthew Needham CFO Matthew.needham@hnzc.co.nz Sam Direen Treasury Manager Sam.direen@hnzc.co.nz Disclaimer This presentation has been prepared by Housing New
More informationCoreLogic RP Data June Rental Index Results
Rental Review Snapshot Released: July 10, 2015 & recorded the greatest annual increases in weekly rents while rents in, & continue to decline. capital city rental rates fell by -0.2% in June The rate of
More informationv8 National Working with DibbsBarker. Introducing our Leasing Team
26006129 v8 National 19 09 16 Working with DibbsBarker Introducing our Leasing Team Landlord Volume leasing The DibbsBarker Leasing team is currently retained by REITs and major corporations to do all
More informationINFORMATION MEMORANDUM
INFORMATION MEMORANDUM Lot 1, Bruce Highway Former Drive In Woree, Cairns Queensland August 2011 T +61 (0) 7 3246 8888 F +61 (0) 7 3229 5436 1 Contents 1.0 Introduction...3 2.0 Property details...4 2.1
More informationAttached for release to the market is a Canberra Update booklet that was provided today as part of an Analyst and Investor tour of Canberra.
23 June 2010 MIRVAC GROUP CANBERRA Attached for release to the market is a Canberra Update booklet that was provided today as part of an Analyst and Investor tour of Canberra. For further information please
More informationThey may not represent the best practice for your Council, which should be determined by consultation between the Council s officers and Auditor.
ACCOUNTING FOR LAND UNDER ROADS INTRODUCTION The recognition and valuation of land under roads has been a vexed question ever since the promulgation of Australian Accounting Standard AAS 27 Financial Reporting
More informationDomain Rental Report June Quarter 2015
Domain Rental Report June Quarter 2015 Dr Andrew Wilson Senior Economist for the Domain Group Key findings Rents remain at or near record levels in most Australian capital cities house rents surge 1.9
More informationIssues Relating To Commercial Leasing. AUSTRALIA Clayton Utz
Issues Relating To Commercial Leasing AUSTRALIA Clayton Utz CONTACT INFORMATION Peter McMahon Clayton Utz 1 O'Connell Street, Sydney NSW 2000 +61 2 9353 4000 pmcmahon@claytonutz.com www.claytonutz.com
More informationLand Titles, Sales & Property Based Services NSW
Land Titles, Sales & Property Based Services NSW For further information and assistance please contact ABR Customer Service 1300 366 402 abrdata@abr.com.au www.abr.com.au Table of Contents LAND TITLES
More informationRP Data chart pack. September 2014
RP Data chart pack September 2014 Macro housing market indicators 2 Residential real estate absolutely underpins Australia s wealth position Residential Real Estate $5.5 Trillion Australian Superannuation
More informationDETACHED MULTI-UNIT APPROVALS
HIA New Home Sales DETACHED MULTI-UNIT APPROVALS SALES MULTI-UNIT DETACHED A monthly update on the sales of new homes September 214 MULTI-UNIT SALES REACH New Cyclical Peak The HIA New Home Sales Report
More informationSummary Letter PDS/IPO
20170418-MS16 CBRE Valuations Pty Limited ABN 15 008 912 641 Level 34 8 Exhibition Street Melbourne VIC 3000 T 61 3 8621 3333 F 61 3 8621 3330 25 October 2017 tom.burchell@cbre.com.au www.cbre.com.au Mr
More informationOverseas Investment Amendment Bill
Overseas Investment Amendment Bill Answers to questions from the Finance and Expenditure Committee 19 February 2018 Prepared by the Treasury Question Answer Obligations on Conveyancers Can officials specifically
More informationProperty & Development
Property & Development Our Property Law Team The Quinn & Scattini Property Law Team is distinct from the Quinn & Scattini Conveyancing Team which deals with residential sales and purchases (known as Cottage
More informationBlake Dawson Waldron, Solicitors, Melbourne
190 RECENT DEVELOPMENTS - STAMP DUTY EQUIPMENT LEASING RODNEY RICHARD Blake Dawson Waldron, Solicitors, Melbourne INTRODUCTION A significant proportion of capital equipment and inventory requirements of
More informationMETHODOLOGY GUIDE VALUING LANDS IN TRANSITION IN ONTARIO. Valuation Date: January 1, 2016
METHODOLOGY GUIDE VALUING LANDS IN TRANSITION IN ONTARIO Valuation Date: January 1, 2016 August 2017 August 22, 2017 The Municipal Property Assessment Corporation (MPAC) is responsible for accurately assessing
More informationInternational Financial Reporting Standards (IFRS)
FACT SHEET September 2011 IAS 31 Interests in joint ventures (This fact sheet is based on the standard as at 1 January 2011.) Important note: This fact sheet is based on the requirements of the International
More informationRURAL CONVEYANCING CHECK LIST (at time of advising on the Contract with the client)
RURAL CONVEYANCING CHECK LIST (at time of advising on the Contract with the client) Date of attendance: RE: (names of clients) 1. Description of Property being purchased, including if applicable stock,
More informationPROPERTY DEVELOPMENT 2016 MASTER CLASS
PROPERTY DEVELOPMENT 2016 MASTER CLASS The 2016 Master Class will be a comprehensive two day intensive course facilitated by Ben Payne with leading industry experts to take you through all the aspects
More informationWhat can you expect from your next steps worksheet?
What can you expect from your next steps worksheet? By the end of your next steps worksheet you ll have identified: 1. Where you are right now in terms of your property investing goals. 2. Where you want
More informationNEM GENERATOR TRANSFER GUIDE
NEM GENERATOR TRANSFER GUIDE Purpose AEMO has prepared this document to provide information about the process for becoming a registered as a participant in the National Electricity Market, as at the date
More informationRESOURCE ACTIVITIES ON AGRICULTURAL LAND
RESOURCE ACTIVITIES ON AGRICULTURAL LAND A Guide to the Regional Planning Interests Act 2014 2015 QUEENSLAND FARMERS FEDERATION What is the Regional Planning Interests Act 2014? The Regional Planning Interests
More informationThe Profile for Residential Building Approvals by Type and Geography
The Profile for Residential Building Approvals by Type and Geography Key Points: ABS Building Approvals for Australia peaked back in October 2015. As we have frequently highlighted, approvals have subsequently
More informationGeorge Osborne s 2016 Spring
What s new? Alastair Morrison and Rose-Anna Higgins consider the details of the increased stamp duty land tax burden for buyers and their advisers Alastair Morrison is a partner and Rose-Anna Higgins is
More informationCopyright and Disclaimer
13 FEBRUARY 2019 Copyright and Disclaimer Copyright in this material is owned by or licensed to ElectraNet. Permission to publish, modify, commercialise or alter this material must be sought directly from
More informationBLP PRESENTATION TO THE MACQUARIE PROPERTY CONFERENCE
ASX Release 20 September 2007 BLP PRESENTATION TO THE MACQUARIE PROPERTY CONFERENCE Please find following the Babcock & Brown Residential Land Partners (ASX: BLP) presentation to the Macquarie Property
More informationFACTSHEET. Stamp Duty Land Tax.
FACTSHEET Stamp Duty Land Tax co.uk Stamp Duty Land Tax Who pays the tax? SDLT is payable by the purchaser in a land transaction occurring in England and Northern Ireland. Scotland has its own Land & Buildings
More informationThis fact sheet covers:
Legal information for Australian community organisations This fact sheet covers: what is a co-operative? what laws regulate co-operatives? are all types of co-operatives suitable for not-for-profit groups?
More informationAHURI Research & Policy Bulletin
AHURI Research & Policy Bulletin ISSUE 80 August 2006 ISSN 1445-3428 How effective are private rental support programs? PRIVATE RENTAL SUPPORT PROGRAMS EFFECTIVELY HELP LOW INCOME PRIVATE RENTERS ACCESS
More informationRP Data chart pack. November 2014
RP Data chart pack November 2014 Macro housing market indicators 2 Residential real estate underpins Australia's wealth Residential Real Estate $5.6 Trillion Australian Superannuation $1.8 Trillion Australian
More informationEN Official Journal of the European Union L 320/373
29.11.2008 EN Official Journal of the European Union L 320/373 INTERNATIONAL FINANCIAL REPORTING STANDARD 3 Business combinations OBJECTIVE 1 The objective of this IFRS is to specify the financial reporting
More informationAcquiring Real Estate in the UK: A brief overview
Acquiring Real Estate in the UK: A brief overview Real Estate Sector 1 UK: the process The prospective purchaser and seller will appoint separate agents to provide valuation advice and to negotiate terms
More informationRental report. December Quarter Dr Andrew Wilson Senior Economist for the Domain Group
Rental report December Quarter 2014 Dr Andrew Wilson Senior Economist for the Domain Group Key findings Rents remain at or near record levels in most capitals rents surge to peak levels despite record
More informationProperty Securities Act What it means for your business
Australian Personal Property Securities Act What it means for your business 30 January 2012 Radical and revolutionary function over form. The commencement of the Personal Property Securities Act 2009 (Cth)
More informationCONTAMINATED LAND IN WESTERN AUSTRALIA
Contaminated land is a critical issue for all businesses that use or impact on land, or operate environmentally sensitive operations. Land holders, land purchasers and sellers and business operators need
More informationNSW s leading residential property valuers
NSW s leading residential property valuers NSW Valuation Services are New South Wales leading residential property valuers. With a proven track record of providing high quality and efficient service to
More informationPROPERTY DEVELOPMENT MASTERCLASS
PROPERTY DEVELOPMENT MASTERCLASS The Masterclass is a comprehensive two day intensive course with leading industry experts to take you through all the aspects you need to take your development career to
More informationENSURING CREDITOR PROTECTION IN ASIA PACIFIC CONSTRUCTION PROJECTS
Asia Pacific Projects Update ENSURING CREDITOR PROTECTION IN ASIA PACIFIC CONSTRUCTION PROJECTS PART I: THE NEW AUSTRALIAN PERSONAL PROPERTY SECURITIES LAW KEY CONTACTS Jane Hider Partner T +61 3 9274
More informationAPI STATE/TERRITORY CHAIR NOMINATION FORM RENTAL DETERMINATIONS
Independent Objective Authoritative The home for property professionals in Australia Australian Property Institute Limited API STATE/TERRITORY CHAIR NOMINATION FORM RENTAL DETERMINATIONS Australian Property
More informationSetting up a Co-operative or Ben Com: Legal Considerations
Setting up a Co-operative or Ben Com: Legal Considerations The purpose of this note is to provide some broad preliminary guidance on some of the legal aspects of setting up a bona fide co-operative or
More informationInner Perth Residential Market Report
Inner Perth Residential Market Report MARCH QUARTER 2014 Inner Perth Residential Market Market Highlights While Western Australia will experience slowed short term growth as the state transitions from
More information(a) owned real property in Victoria with an unencumbered value of $1 million or more; and
State Duties for Property Lawyers What s New? Quite a bit, mostly in the form of the Duties Amendment (Landholder) Act 2012 (and nine new revenue rulings). This was passed on 27 June 2012 and came into
More informationQuarterly Review The Australian Residential Property Market and Economy
Quarterly Review The Australian Residential Property Released January 2018 Contents Introduction 3 Housing Market 4 Mortgage Lending 11 Housing Supply 17 Demographic Overview 20 Household Finances 22 National
More informationMichigan s Use of Ad Valorem Special Assessments
Michigan s Use of Ad Valorem Special Assessments Michigan House of Representatives Local Government Committee Eric Lupher, Director of Local Affairs March 20, 2014 About The Citizens Research Council Founded
More informationSigns that the housing market may be peaking
National Media Release: 21 October, 2015 Market movement s data released today show which markets are moving out of peak cycles. Signs suggesting that Australia s housing market may be moving through the
More informationREGULATION OF THE ARCHITECTURAL PROFESSION
REGULATION OF THE ARCHITECTURAL PROFESSION A SUMMARY OF AUSTRALIAN STATE AND LEGISLATION MAY 2018 INTRODUCTION Australia has a federal system of government and regulation of most professions occurs at
More informationUnique Estates Australia Pty Ltd ACN (the Company) Circular to Property Owners. 16 February 2018
Unique Estates Australia Pty Ltd ACN 079 859 340 (the Company) Circular to Property Owners 16 February 2018 We advise that Barry Kogan and Matt Fehon of McGrathNicol together with Matt Meynell from Colliers
More informationChallenges in Identification and Retracement of Utility Easements Course #8953
Challenges in Identification and Retracement of Utility Easements Course #8953 Presented on Behalf of Florida Surveying and Mapping Society Look For the Logo! Disclaimer This presentation was prepared
More informationCollege of Law. Autumn Intensive CLE Seminars. Stamp Duty Update, addressing Vendor Duty and Land Rich Vendor Duty. by Anthony Johnston.
- 1 - College of Law Autumn Intensive CLE Seminars Stamp Duty Update, addressing Vendor Duty and Land Rich Vendor Duty by Anthony Johnston 24 March 2005 About the Author Anthony Johnston BA/LLM is a special
More informationHousing market report
Capital city market report Prepared September Dr Andrew Wilson, Senior Economist Australian Property Monitors No sign of winter pause as housing markets gather strength into spring National overview Buyer
More informationChartered Surveyors Commercial Property Consultants. The Minimum Energy Efficiency Standards: A Guide for Commercial Property
Chartered Surveyors Commercial Property Consultants The Minimum Energy Efficiency Standards: A Guide for Commercial Property 2 WHAT ARE MEES? The Energy Efficiency (Private Rented Property) (England and
More informationLarge Scale Stock Transfer and Relationships with the Community
Large Scale Stock Transfer and Relationships with the Community Andrew Beer and Charmaine Thredgold Australian Housing Institute Centre for Housing, Urban and Regional Planning The University of Adelaide
More informationRental. National. Affordability. the Questus Residential Investment Fund. National Rental Affordability Scheme and NRAS
and the Questus Residential Investment Fund National Rental Affordability Scheme NRAS A GOVERNMENT INCENTIVE NATIONAL RENTAL AFFORDABILITY SCHEME 105 Railway Road Subiaco WA 6008 PO Box 1533 Subiaco WA
More informationComplexities in land acquisition
Modernising compensation principles for regeneration of land uses in urbanised cities FIG Congress 2014 Kuala Lumpur Malaysia Engaging the Challenges, Enhancing the Relevance 16-20 June 2014 Vince Mangioni
More informationOn The Purchase Of Additional Residential Property
Higher Rates Of Stamp Duty Land Tax On The Purchase Of Additional Residential Property www.fletcherlongstaff.com SDLT must be paid by a purchaser of any residential property in England and Wales where
More informationHOTSPOTS REPORT PROPERTY WATCH REPORT. SYDNEY 2 nd HALF 2015
HOTSPOTS REPORT PROPERTY WATCH REPORT SYDNEY 2 nd HALF 2015 GOLD COAST Surfers Paradise Fourth Quarter 2013 SYDNEY HOTSPOTS July December 2015 MARKET CONDITIONS 2015 This Sydney Hotspot Report analyses
More informationBUSINESS GUIDE. Resource Booklet
BUSINESS GUIDE Resource Booklet Onsite Law practices in Conveyancing, Business Law and Wills. We provide advice in plain English in a cost efficient way. All client referrals to us are treated with courtesy
More informationCOAG DECISION REGULATION IMPACT STATEMENT
COAG DECISION REGULATION IMPACT STATEMENT PROPOSAL FOR NATIONAL LICENSING OF THE PROPERTY OCCUPATIONS QUEENSLAND CONSULTATION This document highlights some of the key differences between current licensing
More informationREFERENCE SCHEDULE. Fourteenth Edition
Fourteenth Edition This document has been approved by The Real Estate Institute of Queensland Limited and the Queensland Law Society Incorporated as being suitable for the sale and purchase of houses and
More informationREA Group Property Demand Index. Nerida Conisbee REA Group Chief Economist. Introduction
REA Group Property Demand Index Nerida Conisbee REA Group Chief Economist OCTOBER 2016 Introduction Demand for property in Australia is now at fever pitch, with rates continuing to reach record levels,
More information