Granny Flat Exemptions - Capital Gains Tax

The Federal Government has recently announced that it will be providing a targeted Capital Gains Tax (CGT) exemption for granny flat arrangements, which is expected to commence as early as 1 July 2021, (subject to the passing of legislation to put the exemption into effect). ... ... read more »

Commercial Leasing Principles During COVID-19

National Cabinet Mandatory Code of Conduct: Commercial Leasing Principles During COVID-19[1]  The Code is a set of overarching principles to guide arrangements and negotiations between landlords and tenants. The Code will be enacted and regulated via state and territory... ... read more »

Australian Government Second Stimulus - Key Measures

We are weathering the storm with our clients and the Cairns community through these turbulent times by providing as much helpful information as possible and rapidly adjusting to assist with practical and legal issues arising from this novel situation.  Takeaways from the... ... read more »

A nervous wait for Tenants and Landlords

Many of our clients and tenants nationwide await the implementation of the model rules for tenants that are intended to provide relief to families and businesses which experience hardship during the next 6 months due to COVID-19.  Likewise, a large proportion of landlords are... ... read more »

Changes for Foreign Investors Buying Property In Australia

The Australia Government has made amendments to the Foreign Acquisitions and Takeovers Act 1975 and also introduced the Foreign Acquisitions and Takeovers Fees Imposition Act 2015 which  affect foreign investors buying property in Australia. Certain changes also affect foreign... ... read more »