151-160 of 228 results
AMITs are here (at last)
It has taken a while but out of the dust of an early Federal Budget and double-dissolution election announcement a new tax attribution regime for Attribution Managed Investment Trusts has emerged relatively intact While the AMIT regime should generally be welcomed as a positive thing for MITs in ...
Qld, NSW and Vic impose stamp duty surcharge on foreign purchasers of residential land
Queensland will impose a stamp duty surcharge of 3 per cent on direct and indirect acquisitions of residential land in Queensland by foreign purchasers with effect from 1 October 2016 A similar stamp duty surcharge has been announced by the New South Wales Government with effect from 21 June 2016 ...
Victorian property tax surcharge on foreign purchasers and absentee landowners
The Victorian Government has introduced legislation to impose a 3 per cent stamp duty surcharge on foreign purchasers of residential land and a 05 per cent land tax surcharge on absentee owners of both residential and other land The proposed legislation is very broad and applies to both direct and ...
New guidelines for unsolicited proposals for State-owned land in WA
The WA Government has issued its formal guidelines for unsolicited proposals for the sale or lease of State-owned land By embracing the possibility of unsolicited proposals as opposed to encumbering every development opportunity with a procurement process and by expressing a willingness to engage ...
Judicial review of adjudication determinations - a new expansive approach?
In a recent decision the Supreme Court of Western Australia quashed two adjudication determinations on the basis of jurisdictional error At the core of the decision was a finding that the adjudicator had misapplied the terms of the relevant construction contract The decision suggests that an ...
New Developer Levies to apply in Victoria
Legislation has been introduced in Victoria to provide for new standard infrastructure levies to fund local infrastructure such as roads community centres kindergartens maternal and child health facilities local parks and sporting facilities ...
Certainty to return to Aboriginal cultural heritage in Queensland
Project proponents and operators in Queensland can breathe a sigh of relief following the introduction of a Bill to restore certainty and validity to agreements for the management of Aboriginal cultural heritage in that state. ...
Accelerating build-to-rent in Australia
The build-to-rent (BTR) model continues to gain pace in Australia as several projects prove the local viability of this asset class. ...
Corporate law developments
Welcome to our monthly snapshot of regulatory updates and other developments in corporate law We know you are busy so our focus is on capturing key issues ...
New restrictions on foreign persons acquiring Australian land and agribusinesses
The Federal Treasurer has today announced material changes to Australias foreign investment regime which will significantly impact transactions undertaken by foreign persons of Australian land particularly agricultural land and agribusinesses Partner Wendy Rae and Senior Associate Nick Kefalianos ...