Land tax changes in Queensland - effective 30 June 201924 July 2019 | Real Estate and Commercial Law
LAND TAX CHANGES IN QUEENSLAND effective 30 June 2019 ENTITY LANDHOLDINGS BEFORE NOW INDIVIDUAL - general > $600,000 No change INDIVIDUAL absentee surcharge - citizen/permanent resident > $350,000 1.5% surcharge 0% surcharge INDIVIDUAL absentee...
Disclaimers – they won’t necessarily stop a claim31 May 2018 | Real Estate and Commercial Law
There are a number of misconceptions out there about how disclaimers apply in practice. Yes, disclaimers sound good, but the courts have made it clear that a disclaimer as to the accuracy or otherwise of information or a representation will not be enough...
Another step in the process - GST withholding obligations commence 1 July 2018.4 April 2018 | Real Estate and Commercial Law
The legislation introducing GST withholding obligations for buyers of new residential properties has now passed both houses of parliament. As a result, buyers will be required to withhold and pay GST to the ATO, commencing from 1 July 2018. Contracts...
New regional planning legislation to impact resource activities in Queensland28 November 2013 | Real Estate and Commercial Law
The Regional Planning Interests Bill 2013 was introduced into Parliament recently to give effect to the Queensland Government’s “next generation” regional plans to manage land use conflicts in regional Queensland between resource projects important to the economic growth of Queensland and...
New laws to split and repeal the Property Agents and Motor Dealers Act 2000 introduced into Parliament28 November 2013 | Real Estate and Commercial Law
The Queensland Parliament introduced four new Bills last week to split the Property Agents and Motor Dealers Act 2000 (PAMD Act) into occupational specific Acts with the requirements relating to the administration of trust accounts to be outlined in a separate administration Act.
Increased liability for sellers of land near waterways on the Gold Coast20 September 2013 | Real Estate and Commercial Law
The Gold Coast City Council has recently introduced new local laws requiring sellers of land near waterways to include a clause in the contract.