Skip to content

Tag: Property & Development

Use of Electronic Settlements During COVID-19 Outbreak

Finlaysons is registered to lodge documents electronically through PEXA. In line with the advice of the Office of the Registrar-General and Finlaysons Business Continuity Plan, as of Monday 23 March…

SA Land Tax: Minor Interests – Major Problems!

Under the new land tax laws passed late last year, landowners’ interests will be aggregated across both joint and individual ownerships. Minority ownership interests in properties will not therefore prevent…

One Page Guide to South Australia’s New Land Tax Changes

The SA land tax “battle” is finally over. The Government’s land tax reform Bill has received Royal Assent and the new measures will take effect from 30 June 2020.SA Land…

SA Land Tax: Amending Bill introduced into State Parliament

SA Land Tax Update: The SA Government introduced its controversial Land Tax (Miscellaneous) Amendment Bill 2019 to State Parliament on Wednesday, 16 October 2019.The SA Land Tax “Battle” Enters its…

South Australia: Proposed Land Tax Changes

Very Taxing Times for Property InvestorsOn 9 September 2019, following the delivery of the State Budget on 18 June 2019, the SA Government released the much-anticipated draft of the Land…

Being Aware of the Holding Over Period at the end of a Lease

On 22 February 2019, in the case of Pastina Pty Ltd v Hosanna Excelsis One Universal Church Inc [2019] SASC 18, the Supreme Court of South Australia set a new…

GST withholding for residential property developers

On 29 March 2018, the Treasury Laws Amendment (2018 Measures No.1) Act 2018 (Act) received royal assent. The Act creates a new “GST withholding regime” From 1 July 2018, purchasers…

Coalition Crackdown: Government forces foreign nationals to sell

On 6 February 2017, the Treasurer, the Hon Scott Morrison, announced that, in the last 6 months, he had ordered the sale of a further 15 Australian residential properties—purchased by…

Changes to SA Security of Payment Law – Consultation Phase

The South Australian Small Business Commissioner is seeking feedback on possible amendments to the Building and Construction Industry Security of Payment Act 2009.  A number of changes, some significant in…

Foreign Resident Capital Gains Withholding Tax

From 1 July 2016, purchasers of real property, including exploration & mining interests – with a value of $2 million or more – must withhold 10% of the price and…

Displaying 10 / 11

Load More +