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Amelita Hensman2018-06-19T01:09:38+10:00

State Taxation Series: Issue #5 – Section 67 – Exemption of Primary Production Land in an urban zone in Greater Melbourne

Issue 5 of our State Taxation Series considers the newly amended section 67 of the Land Tax Act (Act) relating to the primary production land (PPL) land tax exemption. The amended provisions in section 67 of the Act received Royal Assent on 19 November 2019. [...]

December 3rd, 2019|Categories: Taxation|Tags: , , , |

Podcast #13 – 8 November 2019

"…a builder’s claim for an injunction to prevent disciplinary action for combustible cladding fails (0.46), an owners corporation is prevented from levying fees to recoup a payout to apartment owners (4.04), and VCAT sets aside two rental determinations in as many days (5.20 & 8.48)….” [...]

November 8th, 2019|Categories: Podcast|

State Taxation Series: Issue #4 – Section 36A Duties Act 2000 (Vic) – Property passing to beneficiaries of discretionary trusts

Issue 4 of our State Taxation Series looks at section 36A of the Duties Act 2000 (Vic) (“the Act”). The transfer of property from trustee to beneficiary is exempt from duty, with various exemptions from duty available under Chapter 2 of the Act. Section 36A governs [...]

October 29th, 2019|Categories: Taxation|Tags: , , , |

Podcast #12 – 25 October 2019

“…..an application to remove a caveat in a development dispute succeeds (0.51), two apartment owners are exempted from a requirement to carry domestic building insurance (4.13), commencing a claim in DBDRV is held not to be the commencement of a building action for the purposes of a limitation period [...]

October 25th, 2019|Categories: Podcast|

AMP Changes to BOLR Policy

We are very aware that the changes to the BOLR Policy announced by AMP on 8 August 2019 have created considerable uncertainty for AMP financial planners.  Those changes consist of reducing the 4x multiple of recurring revenue to 2.5x and also reducing and ultimately phasing [...]

October 24th, 2019|Categories: Commercial|Tags: , |

Podcast #11 – 15 October 2019

“…a restrictive covenant is modified by the Supreme Court (0.44), the High Court overrules VCAT and the Supreme Court on owner requested variations (4.09), a bankrupt unsuccessfully maintains a caveat (7.08), and a purchaser of land is held to be in default (9.28)….”

October 15th, 2019|Categories: Podcast|

State Taxation Series: Issue #3 – Exemption of Primary Production Land (PPL) outside Greater Melbourne

Issue 3 of our State Taxation Series considers primary production land (PPL) and the exemption available under section 65 of the Act. More particularly, this issue looks at the definition of “primary production” under section 64 of the Act and the exemption contained in section 65 [...]

October 9th, 2019|Categories: Taxation|Tags: , , , |

Podcast #10 – 2 October 2019

"…an determination under the Security of Payment Act is set aside (0.47), the Supreme Court overrules VCAT in relation to late exit from the Retail Leases Act (2.52), a settlement offer providing for mutual releases complies with s. 112 of the VCAT Act (5.00), and VCAT decides against tenant [...]

October 2nd, 2019|Categories: Podcast|

Podcast #9 – 26 September 2019

“…..a multi-million dollar developer claim is rejected by the Court of Appeal (0.42), a  successful application to remove a caveat (3.48), an adjudication review under the Security of Payments Act fails (5.43), and guarantors under a retail lease are held liable (8.40)…”

September 26th, 2019|Categories: Podcast|