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GST opportunities where adjacent properties are acquired to develop into a single lot
Where multiple properties are acquired and consolidated, the GST treatment of the acquisitions may be different.
Australia
14 May 2017
2
The ATO has revised its opinion as to when premises are Residential Premises for GST purposes
The ATO now asserts that you look to physical characteristics to determine whether premises are residential premises.
Australia
28 Jan 2013
3
Repeal of sustainability declarations reduces red tape for property sales
The Act removes requirements for sellers and real estate agents to give sustainability declarations to potential buyers.
Australia
4 Jul 2012
4
Critical changes to the Body Corporate and Community Management Act 1997 - effective from 14 April 2011
The Body Corporate and Community Management and Other Legislation Amendment Act 2010 (Qld) received royal assent on 14 April 2011.
Australia
27 Jun 2011
5
Critical changes to the Body Corporate and Community Management Act 1997: What does it mean for buyers and sellers?
The Body Corporate and Community Management and Other Legislation Amendment Act 2010 (Qld) was passed on 6 April 2011 and will commence on a date to be set (but expected shortly). The changes to the disclosure regime under the Body Corporate and Community Management Act 1997 (Qld) (BCCM Act) will apply to both contracts issued after the commencement date and also to contracts already given to a proposed buyer but not yet signed by both parties.
Australia
13 Apr 2011
6
Mortgagees: Can You Take Possession or Sell Before an Expired Notice of Exercise of Power of Sale?
Section 84 of the Property Law Act in Queensland provides that a mortgagee may not exercise the power of sale unless a notice under section 84 has been served on the mortgagor and the specified default is not remedied within 30 days from service of the notice.
Australia
17 Aug 2010
7
Proposed Changes to Land Valuation Procedures Delayed
The QLD State Government has announced that the proposed Valuation of Land and Other Legislation Amendment Bill 2010 will be delayed pending further consultation with industry groups and stakeholders.
Australia
3 Mar 2010
8
Further Perils For Mortgagees Exercising Power Of Sale In Queensland
The Property Law (Mortgagor Protection) Amendment Act 2008 (Qld) commenced on 12 December 2008. It has ramifications for a mortgagee, an attorney for the mortgagor, or a receiver acting under a power delegated to the receiver by a mortgagee when exercising power of sale under a mortgage.
Australia
28 Jul 2009
9
Property, Planning and Environment Update: Replacement for Integrated Planning Act
The Sustainable Planning Bill 2009, which will replace the Integrated Planning Act 2007, was approved by Cabinet last week and looks set to be introduced to Parliament this week.
Australia
19 Jun 2009
10
Perils In Exercising Power Of Sale
In Sablebrook P/L v. Credit Union Australia [2008] QSC 242 the mortgagee breached section 85 of the Property Law Act 1974 by failing to take reasonable care to ensure the mortgage property was sold at market value.
Australia
29 Jan 2009
11
Strict Compliance Required When Dealing With PAMDA
The recent Supreme Court decision of Hedley Commercial Property Services Pty Ltd v BRCP Oasis Land Pty Ltd [2008] QSC 261 has sought to clarify the position with respect to the operation of Chapter 11 of the Property Agents and Motor Dealers Act 2000 (PAMDA).
Australia
15 Jan 2009
12
Small Land Developers Can Have Their Cake And Eat It Too
Cooper Grace Ward recently acted for a client who lived on rural-residential land on the outskirts of Brisbane. The client wanted to subdivide the property into 36 allotments.
Australia
30 Oct 2008
13
Queensland Duty And Land Tax Changes As Of 1 July 2008
The beginning of the 2008/2009 financial year has seen a number of significant changes in the way duty is assessed.
Australia
11 Aug 2008
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