Do you know when to update your Last Will and Testament?

Your Last Will And Testament And When To Update It. A Last Will and Testament (‘Will’) is an important document. Most people know what one is, and why it is useful for loved ones and those closest to you to know that you have one. A valid Will gives instructions for how assets will be […]
Continue Reading

Incentives for first home buyers – NSW

First Home Buyers Incentives – NSW First home buyers in New South Wales may be eligible for stamp duty savings. They may also be eligible for assistance under the First Home Buyers Assistance Scheme and/or the First Home Owners Grant (New Homes). Together, these New South Wales Government initiatives provide grants, exemptions and concessions to […]
Continue Reading

Business Structure: Company

Business Structure – Which One To Use and Why. When commencing a new venture, consider the most appropriate type of business structure to use. Different business structures have different benefits and disadvantages. This article looks at a company business structure – how to set one up and the pros and cons. Key Features of this […]
Continue Reading

Commercial Property – A Buyer’s Guide.

A Guide To Buying A Commercial Property Commercial property (such as a warehouse, office building or retail space) is more complicated to buy than a residential property. In short, a buyer should expect complex contract terms, detailed planning information and additional legal and commercial implications. As such, this article will set out some of the […]
Continue Reading

Buying and selling a property at the same time

A simultaneous settlement can be demanding – here’s what to know! Buying or selling property is widely accepted as one of life’s major stress factors. When you buy and sell a property at the same time, and try to complete both transactions together, then this can add considerably to the stress levels. An event like […]
Continue Reading

Appointing an Enduring Guardian

Enduring Guardian Appointment When making estate plans, many people under-estimate the importance of appointing an enduring guardian. An Enduring Guardian can make lifestyle, health and medical decisions on your behalf. Especially if you lack the capacity to make those decisions yourself. An Enduring Guardian acts as a substitute decision-maker and can consent to your future […]
Continue Reading

Retail Leases – An Overview

An Overview of Retail Leases Commercial or Retail leases form part of many business transactions. When leasing commercial property, it is important for both landlords and tenants to understand the relationship they are entering and the rights and obligations they each have. A commercial lease governs such matters. Some commercial leases are classified as ‘retail’ and, […]
Continue Reading

Commercial Lease – Responsibility for Repairs and Maintenance

Responsibility for Repairs and Maintenance   What is a Commercial Lease? A commercial lease is a legally binding contract. It gives a tenant certain rights over a property for a set period of time, subject to the terms and conditions set out in the lease. A commercial lease is used when leasing property used primarily […]
Continue Reading

Enduring Powers of Attorney explained

Enduring Powers of Attorney explained   A lot of people have heard of a Power of Attorney however, most do not fully appreciate the extent of its power, the benefits it delivers, or the types of Powers of Attorney. A Power of Attorney is a useful legal document used to allow someone to handle their […]
Continue Reading

GST and Residential Property Transactions

GST and Residential Property Transactions   The responsibility for remitting Goods and Services Tax (GST) to the Australian Taxation Office (ATO) generally falls on the party making a ‘taxable supply’. In a property transaction, this has traditionally meant the vendor or developer (supplier), unless the contract provides otherwise. From 1 July 2018 purchasers of ‘new’ […]
Continue Reading

The Northern Territory Has A New Migration Program! Skilled and Semi-Skilled Migrants for Labour Shortage.

Designated Area Migration Agreement (DAMA)   The Designated Area Migration Agreement (DAMA) was created by the Department of Home Affairs to facilitate a flexible approach to hiring migrants in industries experiencing skill and labour shortages. The DAMA program is currently only available in the Northern Territory. Under the DAMA program, employers can sponsor skilled and […]
Continue Reading