By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia) Australia’s tax system is under scrutiny as key economic challenges, such as intergenerational equity, sluggish business productivity, and the energy transition, remain unresolved. Independent MP Allegra Spender recently proposed a bold tax reform plan aimed at addressing these issues and restoring fairness
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia) In recent months, Australian borrowers have been hit with a double dose of interest rate pain, as instability fueled by the volatile Middle East conflict has led three of the country’s major banks to revise their predictions for the Reserve Bank of
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia) The Australian economy has been under significant scrutiny, particularly with the recent spike in inflation that has taken many by surprise. For those involved in property transactions, whether as a buyer, seller, or agent, understanding these economic shifts is critical. Inflation, interest
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia) There are currently discussions about potential changes to the capital gains tax (CGT) discount ahead of the Federal Budget. CGT forms part of the income tax system administered by the Australian Taxation Office. It generally applies when a person sells, disposes of,
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia The taxation rule of negative gearing is currently part of the housing policy debate in Australia. Although it is not strictly part of the conveyancing process, the behaviour of vendors, purchasers, and property investors strongly influences the property market and, therefore, the
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia In Australia, the Vendor Clearance Certificate for Capital Gains Withholding issued by the Australian Taxation Office (ATO) is an important requirement during the conveyancing process for the sale of property. This requirement affects the vendor (seller), the purchaser (buyer), and often the
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia The buying or selling of property is one of the largest financial transactions most people ever undertake. It takes place at the centre of the conveyancing process, involving the purchaser, the vendor, and often the real estate agent managing the sale. As
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia Having a swimming pool is a great addition to many homes across areas such as Blacktown, Kellyville, Rouse Hill, Schofields, Marsden Park, Castle Hill, and more in NSW. On the other hand, owning a pool also creates legal responsibilities that are relevant
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia An important issue that may arise in property dealings, particularly when a lease involves a personal guarantee, was highlighted in Ushta Pty Ltd atf The AVVM Trust v Babayan. This matter concerns the enforceability of a personal guarantee, the assignment of rights
By Julian & Renee (Australia) – with writing support from Alberto Aldana (Colombia) The recent case of Balout v Dobro Dosle Pty Ltd shows us a great deal about property transactions. Property transactions are often governed by legal agreements that bind buyers, sellers, and lenders to specific terms. This case addresses several key issues in
