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South Australian State Budget 2016-17 – Job creation the cornerstone

09 Jul 2016

With Australia’s highest rate of unemployment, it’s no surprise South Australian Treasurer, Tom Koutsantonis, emphasised job creation as the cornerstone of his budget, handed down on 7 July 2016.

Buyers and sellers beware

02 Jul 2016

When purchasing real property after 1 July 2016, it is presumed that the vendor is a non-resident and the purchaser will be obliged to withhold 10% of the proceeds, register for withholding tax (WHT) and pay it to the Australian Taxation Office (ATO) unless a clearance certificate has been obtained prior to settlement.

New South Wales update

02 Jul 2016

Quarter 1 of 2016 saw Sydney house prices grow by 2.3 per cent, exceeded only by Melbourne’s 2.5 per cent growth rate.

Victorian state budget …the aftermath

02 Jul 2016

Following his handing down of the Budget on 27 April (refer our client alert), Victorian Treasurer, Tim Pallas, tabled the State Taxation and Other Acts Amendment Bill 2016.

South Australia update

02 Jul 2016

The new Planning Development and Infrastructure Act 2016 (SA) was passed on 12 April 2016 and will gradually come into operation over the next five years.

Queensland update

02 Jul 2016

Queensland RE&C update

Fighting Fraud with Whistleblowers

02 Jul 2016

The Real Estate and Construction industry is not immune to risks of fraud, corruption and serious misconduct, and organisations need to be alert to indicators of wrong doing from the earliest opportunity.

Western Australia update

01 Jul 2016

A slowing economy, cooling investment environment and the mining industry’s economic transition from construction to production and export is behind the state’s largest-ever deficit, forecast at $3.9 billion.

Industry consultant, John Elvy, talks owning vs leasing

01 Jul 2016

Opportunities exist for midsize business owners who own or lease premises to add significant value to their business.

A message from Global Head of Real Estate and Construction, Sian Sinclair

01 Jul 2016

The property industry continues to do the heavy lifting on behalf of Australia’s GDP growth, with growth set to remain steady at 2.5 per cent for 2016/17 before a moderate increase to 3 per cent thereafter.