This edition covers the latest legislative changes to electronic signing, material shortages, Build to rent, Windfall Gains Tax and duty on default interest.
We consider the forces driving the current supply shortages across Australia and look at the steps developers can take to minimise the impact of these shortages on their projects.
By Jessica Reid, James Beauchamp, Billy Gialamas, Trent Chugg
We outline the pitfalls developers should avoid in the Build to Rent model, including those around securing funding, understanding the tenant market and incorporating the right amenities.
We outline the issues we think government will need to consider in the design and implementation of the new Windfall Gains Tax and provide some practical examples of how it would work.
By Mark Kemp
We look at a new Supreme Court of Victoria decision in relation to Section 9AC of the Sale of Land Act 1962 (Vic) and the lessons developers can learn from the decision.
By Michael Taylor-Sands, Andrew Wright
A recent decision of the Supreme Court has overturned an earlier VCAT decision to hold that default interest forms part of the consideration for duty assessment purposes.
What does the recent ruling by the State Revenue Office regarding its interpretation of the definition of 'land development' mean for property developers?
By David Hartney & Athina McGregor
We break down the new Legislations for electronic signing and the reintroduction of rent relief schemes.