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Melbourne Property Investor Alert: New Tax on Vacant Residential Properties

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

Notify the ATO of Your Water Rights: Foreign Register of Water Entitlements is Now in Place

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

Key Duty and Tax Changes for Victorian Property Purchasers: Bill Released

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

Victorian Purchaser Update: Changes to Stamp Duty and First Home Owner Grant and Introduction of New Vacant Residential Property...

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

Animal Industries Advisory Committee Update: Government Response Released

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

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