Think about the value of your combined assets… Most likely you and your partner are under the threshold of the pensioner assets test, or at least if you are over the threshold, you still get a part pension inclusive […]

  On 1 September 2017, a number of changes to the Conveyancing (Sale of Land) Regulation 2017 will commence including:- Further prescribed warranties and adverse affectations (including strata renewal, s 121B Orders and s235C rights of way) are being added […]

  From 1 January 2018 the land tax threshold has increased to $629,000 and the premium rate threshold has increased to $3,846,000. The rules for special trusts (that the threshold does not apply), remain the same.   Land tax is […]

  It is now extremely common for property sales to be negotiated on the basis of a 5% deposit, rather than the traditional 10%. It is the practice of many solicitors acting on behalf of vendors to include a special […]

  From 1 January 2017, a new land tax surcharge will be charged on residential properties owned by “foreign persons”. The surcharge is 0.75% of the unimproved capital value of the land (no threshold applies); and is in addition to […]

  From 30 November 2016 new laws will start in relation to strata schemes Some of the key changes include:-   allowing the adoption of modern technology to conduct meetings etc the requirement for by-laws to be reviewed within 12 […]