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Property2018-07-13T13:44:44+00:00

Managing Settlement Risk

Ted Vlahos, Director at Pointon Partners, writes about managing settlement risk in high-volume, off-the-plan transactions in the current property development market. This article was recently published on page 6 in Marshall White's newsletter. MW Project Market Newsletter_E10_V9_LR_SPREADS Authors [...]

April 7th, 2017|Property|

IMPORTANT ANNOUNCEMENT: Purchaser Purchasing 2million Plus Property From Foreign Vendors After 1 July 2016 Required REQUIRED To Pay 10% Of Sale Price T A.T.O.

The Commonwealth Government have introduced new legislation that received Royal Assent on 25 February 2016 which provides that where a foreign resident disposes of property for over 2 million dollars, 10% of the purchase price is required to be withheld by the purchaser and paid directly to the Australian Taxation [...]

March 22nd, 2016|Property, Taxation|

Foreign Purchasers of Residential Property in Victoria, Australia – Additional Victorian Stamp Duty

INTRODUCTION New legislation has been passed by the Victorian Government which provides that where an interest in a residential property is transferred to a foreign purchaser after 1 July 2015, the foreign purchaser is required to pay an additional duty of 3% of the full contract property value (the additional [...]

March 22nd, 2016|Property, Taxation|

FOREIGN PURCHASERS OF RESIDENTIAL PROPERTY IN VICTORIA, AUSTRALIA – ADDITIONAL VICTORIAN STAMP DUTY

INTRODUCTION New legislation has been passed by the Victorian Government which provides that where an interest in a residential property is transferred to a foreign purchaser after 1 July 2015, the foreign purchaser is required to pay an additional duty of 3% of the full contract property value (the additional [...]

March 22nd, 2016|Property, Taxation|

IMPORTANT ANNOUNCEMENT: PURCHASER PURCHASING 2MILLION PLUS PROPERTY FROM FOREIGN VENDORS AFTER 1 JULY 2016 REQUIRED TO PAY 10% OF SALE PRICE TO A.T.O.

The Commonwealth Government have introduced new legislation that received Royal Assent on 25 February 2016 which provides that where a foreign resident disposes of property for over 2 million dollars, 10% of the purchase price is required to be withheld by the purchaser and paid directly to the Australian Taxation [...]

March 22nd, 2016|Property, Taxation|

Proposed Changes To Foreign Investment

The Federal Government has recently released an ‘options paper’ setting out numerous proposed changes to the current Australian foreign investment review framework.  One of the proposed changes, which has been met with strong criticism from property development industry groups, is a new fee structure for foreign investment in Australian residential [...]

March 9th, 2015|Property|