Victorian Government outlines tax measures to drive recovery
The 2020 Victorian Budget featured a range of measures which are aimed at reinvigorating the Victorian economy after an extended period of strict lockdown.
The State Budget finally provided some incentive for industry to help drive activity into the new year. In this edition, we look at some of the key tax incentives that have come out of the State Budget, along with extensions to other COVID-19 related incentives including HomeBuilder. We also stop to consider how best to manage built form, competition and use after subdivision and settlement in your projects and look at recent changes to telco services in developments.
The 2020 Victorian Budget featured a range of measures which are aimed at reinvigorating the Victorian economy after an extended period of strict lockdown.
The HomeBuilder scheme has been extended to 31 March 2021 but with some changes. So, it’s important for buyers to know when and how they can tap into the modified scheme.
How do you make sure that your purchaser builds your vision? In a project with any more than 3 years to run with multiple stages, we cover the 3 key post-settlement areas to consider.
On 1 September the Commonwealth Government’s revised policy on Telecommunications In New Developments took effect. Read this article to find out what the changes are.