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Understanding the GST implications of contracts of sale

30 Jun 2016

A New South Wales Supreme Court case recently handed down, SAMM Property Holdings Pty Ltd v Shaye Properties Pty Ltd [2016] NSWSC 362, highlights the importance of understanding the impact GST can have on land and property transactions.

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

30 Jun 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.

Industry consultant, John Elvy, talks owning vs leasing

30 Jun 2016

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

Western Australia update

30 Jun 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.

ED 270 Reporting Service Performance Information – Not for Profits

29 Jun 2016

ED 270 aims to improve performance reporting and promote greater accountability and transparency among Not for Profit entities (NFPs).

Income recognition changes – Not for Profits

29 Jun 2016

With the issue of Exposure Draft 260, Income of Not for Profit Entities (ED 260), the Australian Accounting Standards Board (AASB) aims to improve the match between revenues and expenditures.

Comparative changes – Associations Incorporation Act 2015 (WA)

27 Jun 2016

With the new Associations Incorporation Act, the West Australian government aims to promote greater efficiency and accountability, align the act with legislation in other Australian jurisdictions (e.g. the Corporations Act) and minimise compliance and administrative costs for incorporated associations.

New South Wales ‘leading the nation’ with record surpluses and minimal debt

22 Jun 2016

New South Wales has become Australia’s first half-trillion dollar economy, with budget surpluses, record infrastructure spending and a strong jobs outlook the focus of Treasurer Gladys Berejiklian’s budget speech delivered on Tuesday.

Queensland State Budget 2016-17

15 Jun 2016

Handing down his second budget on 14 June 2016, Queensland Treasurer Curtis Pitt said it was a ‘back to work’ undertaking focused on innovation, investment and infrastructure.

Employee Share Scheme reporting obligations

09 Jun 2016

Has your company/parent company provided free or discounted shares, performance rights or options (ESS interests) to employees, directors or individual consultants/ nominees (‘employees’) during or prior to the income year ending 30 June 2016, and have these ESS interests been exercised (‘vested’) during or prior to the 2016 income year?