Australia welcomes new business and foreign investment by providing a strong economy, a stable political environment and a skilled and talented workforce. Our comprehensive guide to Doing Business in Australia has been...more
4/19/2024
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It is longstanding conveyancing practice for the vendor’s land tax liability to be included in the usual settlement adjustments between a vendor and purchaser. This practice will be banned for most sales of land in Victoria...more
In Part 7 of our build to rent (BTR) Series, we take a look at the current BTR market in Australia and the potential impacts of BTR developments on the residential sector....more
The Victorian Government has announced that it plans to abolish transfer duty on sales of commercial and industrial properties. The proposed measures will not apply to residential premises. We have summarised the proposal and...more
The COVID-19 Retail and Commercial Leasing Matrix (Matrix) provides landlords and tenants with an overview of the COVID-19 response measures which have been enacted in each Australian State and Territory following the release...more
The COVID-19 Retail and Commercial Leasing Matrix (Matrix) provides landlords and tenants with an overview of the COVID-19 response measures which have been enacted in each Australian State and Territory following the release...more
*This information is accurate as of 1.00pm on Friday 21 May 2020 and is subject to change as this situation evolves. On 7 April 2020, the National Cabinet issued a Mandatory Code of Conduct (the Code), which imposes a set of...more
*This information is accurate as of 5.00 pm on Monday, 4 May 2020 and is subject to change as this situation evolves. Following the release of the National Cabinet's Mandatory Code of Conduct: SME Commercial Leasing...more
This information is accurate as of 11.00am on 28 April 2020 and is subject to change as this situation evolves. On 7 April 2020, the National Cabinet issued a Mandatory Code of Conduct (the Code), which imposes a set of good...more
*This information is accurate as of 11.00 am Tuesday 14 April 2020 and is subject to change as this situation evolves. On 7 April 2020, a National Code of Conduct (the Code) applicable to certain commercial tenancies that...more
*This information is accurate as of 9.00am Thursday 9 April 2020 and is subject to change as this situation evolves. The Prime Minister announced on 7 April 2020 details of the foreshadowed National Cabinet Mandatory Code of...more
*This information is accurate as of 11.00 am Wednesday 1 April 2020 and is subject to change as this situation evolves.
On Sunday 29 March 2020, Australian Prime Minister Scott Morrison announced a series of principles...more
The State Taxation Acts Amendment Act 2019 (Amendment Act) amends the Duties Act 2000 (Duties Act) so as to broaden the types of transactions involving economic entitlements that will be subject to duty. ...more
Style is something each of us already has, all we need to do is find it." – Diane von Furstenberg
Welcome to our latest edition of Fashion Law where we provide you with the latest updates on legal issues affecting the...more
On 15 December 2017, the High Court of Australia refused special leave to appeal the decision of the Victoria Court of Appeal in IMCC Group (Australia) Pty Ltd v CB Cold Storage Pty Ltd [2017] VSCA 178 (CB Cold...more
With effect from 1 January 2018, owners of residential properties in certain Melbourne suburbs, which have been unoccupied for more than six months in a calendar year, will be liable to pay the Victorian Government's new...more
As of 1 July 2017, foreign persons must now register their interests in relevant water entitlements with the Australian Taxation Office (ATO). The Water Register has been combined with the existing register of foreign...more
A recent decision of the Court of Appeal has potentially far reaching implications for industrial and commercial leasing practice in Victoria.
The Court of Appeal's decision in IMCC Group (Australia) Pty Ltd v CB Cold...more
Following our alert on 24 March 2017, the State Taxation Acts Amendment Bill 2017 (Vic) (Bill) has now been released and is currently before the Victorian Parliament.
K&L Gates has been following the proposed changes to...more
The Victorian Government has announced a number of significant housing related duty and tax initiatives to be introduced later this year, including:
- changes to the off-the-plan stamp duty concession
- abolition of...more
The Animal Industries Advisory Committee (AIAC) was established by the Victorian Government in October 2015 to consider whether the planning framework relating to animal industries is meeting the needs of farmers, councils...more
Under Australia's current regime for foreign ownership of Australian real estate, certain foreign investors must obtain permission from the Foreign Investment Review Board (FIRB) before acquiring certain forms of real estate...more
For consistency between procedures for paper and electronic conveyancing, Land Victoria has introduced a new verification of identity process which must be complied with before lodging any paper instrument or dealing with...more
The House of Representatives Standing Committee on Economics (Committee) released its report on Foreign Investment in Residential Real Estate on 27 November 2014 (Report).
As a response to concerns continually raised...more
The Sale of Land Amendment Act 2014 (Vic) (Act) will amend the Sale of Land Act 1962 (Vic) (SLA). The objective of the Act is to re-enact, reform and modernise the provisions relating to statements made under section 32,...more