2017/18 Federal Budget implications on housing affordability

The 2017/18 Federal Budget introduced additional financial and compliance requirements to foreign investors acquiring a real property in Australia. Now there is a limit on foreign ownership in new developments, having annual charge imposed on foreign owners who acquire residential property and leave it vacant for certain amount of time and the foreign investor tax …

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Family Law & Divorce: AVOs (Apprehended Violence Order), don’t take them lightly.

The highly publicised separation of former television presenter and model Kelly Landry and Sydney to Hobart winner and accountant Anthony Bell, has highlighted that there is a benefit in defending applications for Apprehended Violence Orders. Ms Landry alleged that throughout the marriage she was subjected to verbal abuse and family violence at the hands of …

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Exchanged Contracts? When is stamp duty payable on NSW property?

All purchasers are liable to pay stamp duty once contracts have been exchanged. The timeframe for payment of stamp duty varies in different situations and circumstances. All purchasers have 3 months from the date of the contract to pay stamp duty. However, if the purchaser is obtaining finance for the purchase the duty must be …

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Further Reforms to Australian Employer Sponsored Skilled Migration (ENS Subclass 186 and 187 Visa) -THE GOAL POSTS CHANGED ON 19 APRIL 2017. IS YOUR OCCUPATION ON THE LIST?

Following from the Government announcement that the Temporary Work (Skilled) visa (subclass 457 visa) will be abolished and replaced with the new Temporary Skill Shortage (TSS) visa in March 2018, there has been further reforms introduced to the Employer Sponsored Skilled Migration. The reforms are applicable to all visa applicants who intend to lodge a …

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If you want to become an Australian Citizen, you will need to know the Changes to the Australian Citizenship requirements

On the 20th of April 2017, the Australian Government introduced a package of reforms strengthening the requirements to become an Australian citizen. The key changes to note are: Increased general residence period which requires applicants for Australian citizenship to demonstrate a minimum of four years permanent residence. New English language test which requires applicants to …

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Institutional Child Sexual Abuse: What are the REAL settlement numbers?

While there are documented compensation payouts regularly advised in the press, in many cases the real story of compensation lies safely under the cloak of confidentiality. It has been our firms experience that a number of institutions responsible for the organisations where sexual abuse has occurred, have made  what we would consider most inappropriate proposals …

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YOU DON’T HAVE LONG! REVIEW YOUR STRATA BY-LAWS ASAP TO ENSURE YOU ARE COMPLIANT. THE RULES HAVE CHANGED, AND HERE ARE SOME OF THE MOST NOTABLE CHANGES OF WHICH YOU SHOULD BE AWARE

Strata Reform: Effective By-Laws The Owners corporations of existing strata schemes must review their by-laws within 12 months of the commencement of the Strata Schemes Management Act 2015 (“Management Act”) and consider if their existing by-laws would be limited by operation of the new Act. It is highly recommended that you review and amend your …

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