Common industry issues and trends

Victoria was the first state to introduce foreign surcharges on Australian property acquisitions in 2015. In less than five years, a version of foreign surcharges has spread to every Australian state and territory (except NT), with the rates more than doubling since their introduction. Unfortunately, as is typical of State Taxes, the scope and application of the surcharges are different between the jurisdictions. We are also seeing regular changes to the reach and impact of the surcharges, particularly to real estate transactions and investments.

This webinar provides an overview and comparative highlights of recent changes and the current state of play for foreign surcharges around the nation, and their practical impact on commercial real estate transactions and investments.

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