The Australian Government released revised guidance overnight that will impact on commercial landlords and their tenants.
Discretionary trusts that own ‘residential land’ in New South Wales or hold an ownership interest in a company or unit trust that owns residential land in New South Wales must amend their trust deeds to exclude foreign persons as beneficiaries before midnight on 31 December 2019, otherwise foreign land tax
There have been two recent cases in the Supreme Court of New South Wales that reinforce the importance of documenting agreements between family members to avoid disputes later on.
The UDIA is the peak body for all urban development related issues in Queensland and aims to support the development industry in creating world class communities.
The purpose of the Environmental Protection Act 1994 (Qld) (EP Act) is to protect Queensland’s environment and prevent environmental harm. The duties and obligations imposed by the EP Act are significant, and liability for non-compliance attaches to a broad range of potential offenders.
Issues raised in a recently filed class action by Opal Tower residents have highlighted risks for governments and statutory authorities with regards to Public-Private Partnership (PPP) developments.
The NSW Civil and Administrative Tribunal has set aside a notice of assessment for transfer duty on the transfer of real estate from one sole member SMSF to another
To recover the significant costs associated with the investigation and remediation of combustible cladding, building owners are increasingly looking to attribute liability to the professionals involved in the design specification, building, certification and installation process.
A recent decision of the Queensland Supreme Court has highlighted the complexity in determining the duty payable on a commercial transaction and the consequences that can follow where the parties disagree on the duty liability.
Taxpayers and the ATO often grapple with whether proceeds from the sale of property are on capital account or revenue account. The issue continues to generate disputes and litigation. This is often because there are concessions available for sales of property on capital account. But sometimes it is about whether
In response to recent fires (in Australia and overseas) linked to combustible cladding materials, new laws will require Queensland building owners to complete a mandatory ‘combustible cladding checklist’.
From 1 July 2018, the Queensland Government is set to increase its additional foreigner acquirer duty rate from 3% to 7%. The rate increase was announced in the mid-year fiscal economic review as part of the response to the 2017/18 budget.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.