Buying a residential property will be one of the most significant financial transactions you make.
Danielle Fitzgerald
Macrossan & Amiet is now a Brixn trusted provider
Macrossan and Amiet has teamed up with Brixn to assist Buyers through their journey to home ownership. Brixn is an app that is designed to support Buyers who are starting on the long, often overwhelming road to homeownership. Brixn connects…
Are your Smoke Alarms Compliant?
Are you aware of the changes to smoke alarm laws and how they will affect you?
Important changes to the Foreign Resident Capital Gains Withholding Tax Regime
On 9 May 2017, the Government announced changes to the Foreign Resident Capital Gains Withholding (FRCGW) tax threshold and tax rate.
Changes to PPS Leases under PPSA
If you hire, rent or lease out goods changes to the Personal Property Securities Amendment Bill may affect you. The changes came into affect on 20 May 2017.
Cyclone Debbie – Houses under Contract
The aftermath of Cyclone Debbie is catastrophic, leaving many devastated and wondering what’s next? What are your rights?
Have you signed a Contract of Sale for the purchase or the sale of a property in the affected region, which is yet to settle?
Battle of the Balconies
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In the recent case of Ainsworth v Albrecht [2016] HCA 40 (termed “the Viridian Decision”), the High Court of Australia has allowed an appeal against a decision of the Queensland Court of Appeal relating to the rights of lot owners within a community titles scheme. The Viridian Decision demonstrates that a lot owner is well within their rights to oppose a motion or a proposal to create exclusive use by-laws where the opposition is considered reasonable.
Changes to Retail Leasing
On 10 May 2016, the Retail Shop Leases Amendment Bill 2015 (Qld) was passed and the amendments will commence on a date to be fixed by proclamation. The changes to the Act will change the manner in which Landlords and Tenants deal with certain issues under Retail Shop Leases.
New Capital Gains Tax (CGT) withholding regime from 1 July 2016
From 1 July 2016, purchasers who enter into a Contract for the sale of an interest in Australian land with a market value of $2 million or more will be required to withhold and pay 10% of the purchase price to the Australian Taxation Office (ATO) on account of the seller’s potential CGT liability unless the seller obtains a clearance certificate from the ATO and provides it to the purchaser on or before settlement.
News
The “Bank of Mum and Dad”
Michael White
Making a Will – What is an Executor and what do they have to do?
What happens if you die without a Will?
The Importance of Completing a Pre-Settlement Inspection
Queensland Legislation Permits the Identity of an Accused to be Publicised
Buyer Beware – Failure to Pay Your Deposit on Time May Lead to Termination of Your Property Contract
