The
foreign purchaser additional duty provisions came into effect on 1 July 2015
such that foreign purchasers now pay additional stamp duty (currently 8%) over
and above regular stamp duty paid by all purchasers. Discretionary family
trusts might technically be considered foreign if they have a wide class of
beneficiaries which might include foreign relatives (even though they are...
If your primary residence is made up of two titles, you may have still been able to claim a principal place of residence (“PPR”) exemption for both if they are “contiguous” and satisfy a number of conditions. For example, think about garages, tennis courts, swimming pools or gardens that are on a separate title...
Amendments to the Sale of Land Act
are currently proposed which will affect “sunset dates” in “off the plan”
contracts. The Sale of Land Amendment
Bill 2019 (Vic) was passed in Parliament on 28 May 2019, meaning that the
retrospective changes will come into operation as soon as the bill receives
royal assent.
The retrospective changes will apply from...
Have you reached an agreement with someone? Perhaps a
business partner, a consultant, or someone you have had an argument with.
Well done for coming to an agreement and shaking hands on
it.
But what happens if, after you part ways amicably, the other party re-imagines what was agreed? Or denies it completely? Maybe they genuinely interpreted something...
