What is electronic conveyancing (e-Conveyancing)?

New technology is driving more rapid change than ever before, and change in digital technology is accelerating each year. Today, people expect to manage their lives around technology. They want greater efficiencies, fewer errors, more transparency, fewer delays. It is...

Purchaser GST withholding

On 9 May 2017 the Government announced that it will strengthen compliance with the GST law by requiring purchasers of newly constructed residential properties or new subdivisions to withhold the GST from vendors/developers and to pay the amount directly to the ATO at...

2017 First Home Buyers Assistance

The New South Wales (NSW) Treasurer, The Hon. Dominic Perrottet MP, announced the following changes to State taxes and grants as part of the 2017 Budget  DutiesFirst Home Buyers Assistance From 1 July 2017 the First Home New Home scheme will be replaced by the...

Land Tax Definition

Land Tax Definition Land tax is an annual tax payable by owners of land. Land Tax is administered by state or territory government and is applicable everywhere except for the Northern Territory.It is usually paid Land Tax is assessed (calculated) by the Commissioner...

Buying Off The Plan

” BUYING OFF THE PLAN ” Off the plan sales are contractual agreements where developers promise to provide strata property at an agreed price for future date, subject to necessary approvals from relevant authorities. When purchasing Off the plan, because...