As you may be aware, existing off-the-plan blanket pre-approval certificates currently available for developments over 100 lots will be replaced by a section 57 Exemption Certificate (Exemption Certificate) under the proposed Foreign Acquisitions and Takeovers … Continued
Since our last update on the proposed duty surcharge on foreigners pursuant to the State Taxation Acts Amendment Bill 2015 (Bill), we are pleased to confirm the pre-eminent industry associations in Victoria, the Urban Development Institute … Continued
The Federal government has announced a new complying investment framework for the Significant Investor Visa (SIV) and Premium Investor Visa (PIV) program which will come into effect on 1 July 2015. The SIV complying investment … Continued
As noted in previous Maddocks articles, there are a number of critical legal issues associated with Australian property development which developers must be aware of. Each Australian jurisdiction has its own security of payment legislation … Continued
A new Franchising Code of Conduct (Code) took effect from 1 January 2015 and impacts on future dealings between franchisees and franchisors. The Competition and Consumer (Industry Codes – Franchising) Regulation 2014 (Cth) was released … Continued
High Court confirms no duty of care owed by builders to developers and future owners in claims for pure economic loss The High Court, in Brookfield Multiplex Ltd v Owners Corporation Strata Plan 61288 & … Continued
Proliferation of Free Trade Agreements Free Trade Agreements (FTAs) are ubiquitous in the global trading environment. There are more than 350 FTAs in place and a large number are in the process of being negotiated, … Continued
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