Commercial Building Disclosure – Amendments to the Building Energy Efficiency Disclosure Act 2010

By Partner, Tony Butler and Lawyer, Erin Priest Amendments to the Building Energy Efficiency Disclosure Act will come into effect on 1 July.  These amendments will affect commercial building owners and lessees intending to sell, lease or sublease their property after this date. The key amendment is the reduction of the commercial office space threshold
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2017/18 Federal Budget implications on the Property Industry

By Andrew Logan, Partner, Patrick Thaung, Partner and Mitchell Spurge, Senior Associate With the announcement of the 2017/18 Federal Budget, Mills Oakley has taken the opportunity to analyse and provide the following summary and commentary on the Federal Budget’s implications on the property industry. 1            Measures that take effect on and from 9 May 2017
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Federal Budget Measures

By Tom Cantwell, Partner GST and residential property transactions 1 July 2018 GST is currently payable on newly constructed residential properties.  This is ordinarily paid by the purchaser to the developer, and the developer is required to remit the GST to the ATO. Government has stated that some developers are currently failing to remit the
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2017 Victorian Budget Property Tax Announcements

The current government has made more changes to property taxes than any other in recent history. The headline figures are of a massively increasing property tax take. To read more, click here.

Recent changes to the off-the-plan stamp duty concession for purchasers

By Tom Cantwell, Partner, Anthony Brearley, Partner, and James Price, Partner The Victorian State Government recently announced that from 1 July 2017, the off-the plan stamp duty concession will only be available to purchasers who intend to live in the property being purchased off-the-plan. This is one of many changes recently implemented by the Victorian
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Foreign purchasers: Further sale of dwellings that do not settle

By Jarrod Marchesi, Senior Associate The Treasurer Scott Morrison MP has recently clarified that foreign buyers are entitled purchase an off-the-plan dwelling when another foreign buyer has failed to settle their purchase of that dwelling. This is in response to a media report and some legal commentary suggesting that the ATO had changed its position,
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The Property Mill Queensland – 15 June 2015

In the Media Real estate agents and lawyers vulnerable to money laundering risk AUSTRAC has released two new reports to help Australian businesses identify money laundering methodologies used through real estate agents and lawyers (02 June 2015) To read more, please click here. Unfair NBN Charges to Hit New Home Buyers The Urban Development Institute
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Sale of Land Amendment Bill 2016 and its effect on sales contracts: You can soon sell land that you do not own!

By Mitchell Spurge, Senior Associate, and Andrew Logan, Partner The current position:  You cannot sell land you don’t own yet Currently, section 13 of the Sale of Land Act 1970 (WA) (Act) prohibits a person from selling: five or more lots in a subdivision or proposed subdivision; or two or more lots in a strata
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Are you Ready for the Changes to the Retail Shop Leases Act?

By Tony Butler, Partner Amendments to the Retail Shop Leases Act as enacted by the Retail Shop Leases Amendment Act 2016 will commence on 25 November 2016.  The amendments will apply to all new leases entered into after this date.  Some provisions such as the new release of guarantor provision will apply to existing leases
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Clarifications on Notifiable Variations and Avoidance under Part V of the Strata Titles Act 1985 (WA)

By Mitchell Spurge, Senior Associate, and Andrew Logan, Partner Strzelecki Holdings Pty Ltd v Jorgensen [2016] WASCA 177 On 25 October 2016, the Western Australian Supreme Court of Appeal delivered its judgment in the matter of Strzelecki Holdings Pty Ltd v Jorgensen [2016] WASCA 177 (Strzelecki Case).  It provides guidance on two significant matters that
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NSW Commercial Property Update

The Property Stock and Business Agents Amendment (Property Reports and Exemption) Regulation 2016 (NSW) will commence operation on 15 August 2016. The regulation introduces a new clause, 46A, to the Property Stock and Business Agents Regulation 2014. This clause exempts real estate agents from regulation under the Property Stock and Business Agents Act 2002 (the Act) when
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Red Hot: Protecting Your Name In The Property Game

By Noelene Treloar, Special Counsel, and Catherine Marino, Senior Associate It is a frightening realisation for property developers and managers that they may not be able to prevent unauthorised third parties from using the name of their developments. In particular, where the name is descriptive or incorporates a geographical location it could be difficult to restrict use
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2016-2017 Victorian Budget Implications: Property Edition

2016-2017 Victorian State Budget Tax Increases The State Budget was released on 27 April 2016 and confirmed the Government’s increase of land transfer surcharges and ‘absentee owner’ land tax surcharges on foreign purchasers and landowners. The State Budget clearly targets international investment in its strategy to bolster revenue, with the Budget Papers projecting land transfer
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Changes to the Retail Shop Leases Act 1994 (Qld)

By Nina Valentine, Senior Associate and Tony Butler, Partner  The fashion industry is notorious for recycling trends from the past, and it seems the Queensland Government has taken a similar approach with the recent release of amendments to the retail leasing framework which echo changes put forward by the previous Government late last year. What
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The Property Mill Queensland – 30 November 2015

In the Media Carbon Neutral Program The Carbon Neutral Program is a voluntary scheme which certifies products, business operations or events as carbon neutral against the Australian Government’s National Carbon Offset Standard (the Standard). Updated in November 2015, The Carbon Neutral Program Guidelines set out the rules for participation in the Program (24 November 2015).
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Sunset clauses – consumer protection to the fore!

On 17 November 2015, the NSW Government passed the Conveyancing Amendment (Sunset Clauses) Act 2015 (NSW) to protect purchasers from developers unreasonably rescinding off-the-plan contracts under a sunset clause. From 2 November 2015, a developer’s ability to rescind an off-the-plan contract due to a lot not being created under a registered plan by the relevant
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The Property Mill Queensland – 18 October 2015

In the media Chinese investors flooding billions into the Australian real estate market prompt money laundering fears The former head of Australia’s anti-money laundering agency calls for solicitors and real estate agents to be forced to report suspicious transactions, amid concerns billions of dollars in dirty money are flooding out of China and into Australian
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Introducing the New Contract Exchange Portal

Mills Oakley’s Property Team are excited to announce the introduction of our new Electronic Contract Exchange portal. Paperless and instant, this new initiative will save you thousands of dollars in printing, courier and administrative costs.

Property and Commercial – Tips and Traps

The “Pokies” Defence Lenders take note. The Supreme Court of NSW has recently decided that the National Australia Bank could not enforce its security and indeed, that that there was no default by the borrower in circumstances where funds had been fraudulently withdrawn from the loan account by the borrower’s wife. The court held that
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The Property Mill Queensland – 2 October 2015

In the media Government canvassed probe into BoM over global warming claims The BoM strongly rejected assertions it was altering climate records to exaggerate estimates of global warming. The Department of Prime Minister and Cabinet originally wanted the taskforce to conduct “due diligence to ensure Australia’s climate and emissions data are the best possible (24
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The Property Mill Queensland – 21 September 2015

In the Media Up to 10 new solar farms destined for Australia As many as 10 large-scale solar farms will be built across Australia thanks to $350 million in grants and funding announced by the ARENA and the CEFC. The move has been described as “transformative” for the deployment of large-scale solar PV in Australia
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The Property Mill Queensland – 8th September 2015

In the media Helping taxpayers get it right this tax time on rental properties The ATO is increasing its focus on rental property deductions and is encouraging all rental owners to double-check their claims before lodging their tax return. The ATO is paying particular attention to excessive deductions claimed for rental properties, especially those located
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The Property Mill Queensland – 31 August 2015

In the Media Adani coal mine: Government plans to stymie litigation on major developments ‘bizarre’ Environment groups are preparing to battle the Federal Government’s plans to stymie litigation against major development projects. It follows a successful court challenge to the environmental approval of Adani’s multi-billion-dollar Carmichael coal mine in Queensland (18 August 2015) To read
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A Failure To Disclose Sees Estate Agents Ordered To Repay $3M Commission

In Cross Country Realty & Anor v Ubertas 350 William Street Pty Ltd [2015] VCC 2012, the County Court of Victoria ordered that estate agents, Cross Country Realty Victoria Pty Ltd and Park Trent Properties Group Pty Ltd (collectively, the Estate Agents) repay commission of $3,084,774.00, with interest, to developer Ubertas 350 William Street Pty
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The Property Mill Queensland – 22 July 2015

In the media Record-breaking building approvals to aid housing affordability Building approvals continue their unbroken upward trajectory, hitting new records over the past 12 months, according to the latest data released 1 July from the ABS (01 July 2015). To read more, please click here. Green Star – Performance data to accelerate climate bond issuance
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Property and Commercial Tips and Traps – July 2015

Hold on to your records! Last month the Federal Court found the former directors of the Forgione Family Group Pty Ltd (in liq) were liable for insolvent trading by failing to retain the company’s financial records. Amongst other claims, the company liquidator successfully brought the action against the former directors pursuant sections 286(2) and 588E(4)
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The Property Mill Queensland – 7 July 2015

In the media CEFC invests $125m in sustainable property trust The Clean Energy Finance Corporation (CEFC) is committing up to $125 million in a $400 million trust which will invest in energy upgrades of ageing office stock. The properties will be upgraded to meet the equivalent of at least 4.5 stars under the National Australian
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Limited Residential Land Supplies Pushing Prices Higher on the East Coast

According to the latest HIA – Core Logic RP Data Residential Land Report, the number of residential land sales fell by 11.8% over the year to the December 2014 quarter.  This is at odds with the weighted median residential land value, which increased by 2.8% in the December 2014 quarter – to be up by
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The Property Mill Queensland – 3 June 2015

In the media Transport-oriented developments reshaping cities Cities around the world are being shaped by the emergence of transit-oriented developments situated near major public transport hubs, according to new research by CBRE (26 May 2015). To read more, please click here. ACCC will not oppose Federation Centres’ proposed acquisition of Novion Property Group The ACCC
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Property and Commercial Tips and Traps – May 2015

Co-Guarantors – all things being equal, a right to contribution may be guaranteed A guarantor who pays a creditor more than their proportionate amount of a guaranteed debt is entitled to recover contribution from the co-guarantor, despite the fact the creditor has given the co-guarantor a covenant not to sue for payment of the guaranteed
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Foreign Investment Update – Foreign residential developers may seek exemption from new surcharges

Guidelines released by Treasurer In our recent note (see here) we examined the proposed amendments to the Duties Act (Vic) 2000 and the Land Tax Act (Vic) 2005 introduced via the State Taxation Acts Amendment Bill 2015 (Bill), which introduced new duty and land tax surcharges for non-resident buyers and absentee land owners, namely: a
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Leasing update: Essential Safety Measures – No more cost recovery?

By Tom Cantwell, Partner, Pablo Fernandez, Special Counsel and Kate George, Associate The question of whether a landlord can recover its costs of complying with its essential safety measure (ESM) obligations under the Building Act 1993 (Vic) (Building Act) has been considered by President Garde of the Victorian Civil and Administrative Tribunal (VCAT) in an
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Federal & Victorian State Budgets 2015 – impact on foreign property investors

Victorian State Budget On 5 May 2015 the Victorian State Government released its 2015-2016 State Budget Paper, announcing its fiscal policies for the forthcoming financial year. In this Paper the Government formally announced its plans to impose two new surcharges on foreign purchasers of residential property in Victoria, being: a 3% land transfer surcharge; and
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The Property Mill Queensland – 30 April 2015

In the Media New data underlines importance of foreign investment Foreign investment is an essential ingredient in Australia’s property industry that helps drive new residential supply and ease pressure on housing affordability. The ANZ/Property Council Survey June quarter 2015 results show relatively stable but significant levels of foreign investment is helping bring new housing supply
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The Property Mill Queensland – April 23 2015

In the Media Abbot Point expansion makes world’s most controversial projects list The Abbot Point port expansion has been ranked as 2014’s third most controversial project, by the RepRisk Most Controversial Projects report, which  focuses on environmental, social and corporate governance risks of companies involved in projects such as mines, ports and factories (08 April
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Property and Commercial – Tips & Traps April 2015

Changes to Taxation of SMSF Leveraged Assets Another budget looms, and more changes to the taxation of superannuation are very much on the radar. One of the less noticed is a proposed change to Limited Recourse Borrowing Arrangement loans. This structure requires a “Bare Trustee” to purchase assets with borrowed money and transfer to the
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The Property Mill – 26 March 2015

In the Media Australian shopping centres still in demand Retail centres Australia-wide will experience mixed conditions over 2015, driven by regional variations in residential markets and employment, but the retail investment outlook is positive, according to m3property’s latest ‘Shopping Centre’ report (16 March 2015) To read more, please click here. ABA: Low interest rates yes,
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The Property Mill – 18 March 2015

In the Media Call for voluntary land nominations for a National Radioactive Waste Management facility The Australian Government has opened the process for voluntary site nominations for a national radioactive waste management facility. Landholders in all states and territories can nominate land for a facility to safely store Australia’s intermediate level waste and dispose of
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Unclear Drafting Results in a Hard Stand against Removal of Hardstand

By Selena Griffiths The New South Wales Supreme Court last year demonstrated the need for landlords and their lawyers to draft clear and unambiguous clauses in relation to fixtures (i.e. hardstands) to be removed by the Tenant on termination of a lease. The Case In the case of Whitehouse Properties Pty Ltd v BP Australia
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Tardy Tenants Getting into Trouble

By Selena Griffiths The Queensland Supreme Court has reaffirmed how crucially important it is for tenants and their lawyers to comply with specified timeframes in their lease, especially when it comes to responding to a landlord’s assessment of new rent on a market review. The Case In the case of Sentinel Asset Management Pty Ltd
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Big Guns join Property and Commercial Team

Mills Oakley is proud to announce the addition of two new Special Counsel to our Brisbane Property and Commercial Team. Brent Weston, from Norton Rose Fulbright and other in house roles, and Damiano Castelli, from King & Wood Mallesons, are both renowned for their wide range of expertise and their impressive list of clients. Damiano
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Property and Commercial – Tips & Traps March 2015

Franchisors beware – ACCC announces target areas for 2015 The ACCC recently announced its key areas for scrutiny this year and all franchisors are on the hit list. With the new Franchising Code of Conduct commencing on 1 January 2015 (Code), the ACCC now have enhanced powers to enforce the Code against franchisors, which includes
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Property and Commercial – Tips & Traps February 2015

Duty, Sales & Development Agreements – does it apply to yours? Duty hasn’t traditionally applied to development agreements, however a recent ruling in the High Court has the potential to change the landscape. In that scenario, a development agreement and contract of sale were entered into between purchaser and seller, however the seller didn’t provide
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The Property Mill Queensland – 26 February 2015

In the media Queensland Chinese coal ship captain arrested for sailing through Great Barrier Reef without pilot The Australian Federal Police have arrested the captain of a Chinese coal ship for sailing through part of the Great Barrier Reef Marine Park without a pilot (16 February 2015) To read more, please click here. Toowoomba council
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Legal Update: The Mr Fluffy Buyback and Demolition Scheme

On 28 October 2014 the ACT Government announced the Loose Fill Asbestos  Buyback and Demolition Scheme (Scheme), under which the ACT Government is offering to purchase and demolish the 1021 homes in the ACT that are known to be affected by loose-fill asbestos insulation (more commonly known as ‘Mr Fluffy’). On 4 December 2014, the
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The Property Mill Queensland – 10 February 2015

In the media Solar power inquiry conducted by Senate to shine spotlight on complaints with retailers A Senate inquiry is expected to hear from hundreds of Australians who have been hit with high costs and hidden fees after switching to solar power (27 January 2015) To read more, please click here. Queensland Brisbane Airport’s $4
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Cartel Conduct – Do you really know what your staff are up to?

The Australian Competition Consumer Commission (ACCC) was successful in penalising Renegade Gas, Speed-E-Gas and three senior staff of those companies, for engaging in cartel conduct with respect to the supply of LPG cylinders for use in forklifts. During the period between August 2006 and June 2011, three senior staff members of separate companies, Renegade Gas
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The Property Mill Queensland – 27 January 2015

In the Media Corporate and municipal sectors drive green bond explosion Rapid growth in the green bond sector continued in 2014, shows US$36.6 billion worth of bonds issued. Data from the UK-based Climate Bonds Initiative revealed that new entrants including corporations and municipalities accounting for almost 50 per cent of all green bonds issued in
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Amendments to the Retail Shop Leases Act

By Tony Butler and Sarah Bird Amendments to the Retail Shop Leases Act are expected to come into effect later this year following the introduction to parliament of the Retail Shop Leases Amendment Bill 2014. If the current Bill is passed unamended following the State Election, the changes could have a lasting impact on retail
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Legislative property framework replaced today. Welcome POA!

Commencing today, 1 December 2014, the Property Agents and Motor Dealers Act 2000 (PAMDA) has been replaced by the following four pieces of legislation: Property Occupations Act 2014 (POA) Motor Dealers and Chattel Auctioneers Act 2014 Debt Collectors (Field Agents and Collection Agents) Act 2014 Agents Financial Administration Act 2014 The Attorney-General and Minister for
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The Property Mill Queensland – 25th November 2014

In the media G20 to focus on clean coal technology Group of 20 leaders have asked Japan to fast-track the development of clean coal technology that could be used by developing countries to burn Australian coal more efficiently. While the G20 communique made a reference to climate change but no binding commitment to a new
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The Property Mill Queensland – 10th November 2014

In the Media New opportunities for agriculture in northern Australia Major opportunities for expanding northern Australia’s irrigated agricultural industries—across Western Australia, the Northern Territory and Queensland—have been identified in a new joint study by CSIRO and the Australian Bureau of Agricultural and Resource Economics (ABARES) (03 November 2014) To read more, please click here. Emissions
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Claw-back Provisions in Incentive Deeds

Written by Sarah Bird, Senior Associate, Property and Commercial Landlords beware! The Supreme Court of Queensland has last week ruled that provisions requiring tenants to repay incentives if a lease is terminated (including on the basis of a tenant’s default) are not enforceable. It has been common practice for many years for landlords to require
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Traps From Land Titles On Change Of Trustee On Super Fund

In the life of a self-managed superannuation fund it is not unusual for the members to remove themselves as personal trustees and replace themselves with a corporate trustee with all members (usually 2) to be Directors of that company. However what many trustees will not be aware of is that the trust deed must allow
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The Property Mill Queensland – 24th October 2014

In the Media Bureau releases new national groundwater data tool The Bureau of Meteorology today released a new online groundwater data tool. The Australian Groundwater Explorer presents a uniform approach to groundwater information to support a range of sustainable water resource management decisions at both local and national levels (21 October 2014) To read more,
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The Property Mill Queensland – 9 October 2014

In the Media A better Australia: Assistant Minister for Infrastructure and Regional Development The Australian Government has proposed the $5 billion Asset Recycling Initiative and will provide incentive payments of 15 per cent of the sale price of privatised assets sold to state and territory governments, on the condition that the proceeds of such sales
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The Property Mill Queensland – 8 October 2014

In the Media Energy Green Paper setting policy direction for an energy superpower The Australian Government has released an Energy Green Paper, which sets a framework for the development of a coherent and comprehensive blueprint that will allow Australia to take full advantage of its natural strengths and consolidate its position as an energy superpower,
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Property & Commercial Tips and Traps – September 2014

When not to flog a dead horse Evans v Robcorp Pty Ltd [2014] QSC 26 It used to be that a party (usually the purchaser) who failed to complete a contract of sale for whatever reason could be compelled to complete if the other party applied in court to have them “specifically perform” the contract.
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Sale of Land Amendment Act 1962 – Section 32

The Sale of Land Amendment Act 2014 (Vic) (Act) will come into operation on 1 October 2014. This Act brings with it many changes to the disclosure requirements in section 32 of the Sale of Land Act 1962 (Vic). The Act repeals section 32 and re-enacts the majority of its disclosure requirements. Key changes include:
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Brisbane lawyers eye Japanese resurgence

Two decades after investors were burned by an overheated Queensland property market, experts believe that the Japanese are poised to spearhead a new wave of investment in the Sunshine State. “This year has been a milestone year for Japanese investment with the signing of the Japan-Australia Economic Partnership Agreement (JAEPA). Japanese business is looking to
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The Property Mill Queensland – 28 August 2014

In the Media Shopping centre income growth forecast The BIS Shrapnel report finds that net income growth for shopping centres has fallen behind inflation and will average only around 2.6 per cent per annum over the next five years (25 August 2014) To read more, please click here. Big industry players back LHA Guidelines Two
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The Property Mill Queensland – 4th August 2014

In the Media ASIC: review of property schemes’ disclosure show disappointing results ASIC commissioner Greg Tanzer has labelled the standard of investor disclosure in the unlisted property sector as “disappointing”. ASIC said it found unlisted property schemes were “failing to adequately disclose against benchmarks put in place to improve investors’ awareness of the risks of
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The Property Mill Queensland – 21st July 2014

In the Media Productivity Commission’s Final Report on Public Infrastructure released The majority of reforms recommended by the Commission relate directly to state and territory governments, with the Government leveraging a record $125 billion of public and private investment in infrastructure over the next decade (15 July 2014) To read more, please click here. RBA
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OUT WITH THE OLD, AND IN WITH THE NEW: Significant changes in store for the property industry

Professionals in the property industry are set to see substantial changes this financial year as a result of the passing of the Property Occupations Act 2014 (Qld), and the introduction of the Land Sales & Other Legislation Amendment Bill 2014 (Qld). Property Occupations Act 2014 After much anticipation, the Property Occupations Act 2014 (Qld) (“the
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The Property Mill Queensland – 8 July 2014

In the Media Great Barrier Reef dredging modelling for Abbot Point coal terminal ‘flawed’: AIMS The Federal Government’s marine research agency believes modelling done for the expansion of a coal terminal near the Great Barrier Reef is “deficient” and “flawed” (30 June 2014) To read more, please click here. Federal Government under internal pressure to
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The Property Mill Queensland – 27 June 2014

In the Media Coal accounts for record 30% of global use The BP Statistical Review says wind generation rose 21 per cent last year, and solar 33 per cent, while oil remained the world’s leading fuel accounting for 33 per cent of all energy consumption, but its share continues to fall. Coal use for power
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The Property Mill Queensland – 3 June 2014

In the Media Banks reluctant to fund carbon farming ventures A western Queensland grazing family is being driven off the land despite their best efforts to diversify their income through carbon farming. The owners claim their biggest problem is Rabobank’s reluctance to recognise the earning potential of carbon sequestration (20 May 2014) For more information,
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The Property Mill – 16 May 2014

In the Media Renewables scheme will not be scrapped Environment Minister Greg Hunt has appeared to rule out the possibility that the Renewable Energy Target (RET) will be abandoned altogether and existing investments in renewable energy left stranded (05 May 2014) To read more, please click here. Commission audit says slash climate agencies The Government’s
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The Property Mill Queensland – 29 April

In the Media National Water Commission under threat from Federal Government budget cuts The decade-old commission, an independent statutory authority which advises the Commonwealth on water policy, is “in the mix” for cuts. Scrapping the commission would save the Government about $30 million over four years (21 April 2014) To read more, please click here.
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The Property Mill – Queensland – 25 March 2014

In the Media Reserve Bank says tighter lending standards could stem real estate over-exuberance At the end of last week, the Reserve Bank offered a possible glimpse of the future for its housing market policy (10 March 2014) To read more, please click here. Climate Council report: More than 150 weather records broken last summer
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Property and Commercial Tips and Traps – March 2014

Curing breach of a lease- what is “reasonable time?” Landlords – be aware: If you want to re-enter the premises and terminate a lease for breach of a tenant’s covenant other than for payment of rent, you must serve a notice to remedy on the tenant providing the tenant, where the breach is capable of
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The Property Mill – Victoria – 1 November 2013

In the media Property developers need to factor law into climate change   A developer of a large resort and residential community was dealt a blow when its development application was overturned in the Queensland Planning and Environment Court earlier this year, after  not adequately taking into account climate change-related sea level rise (22 October
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The Property Mill – New South Wales – 1 November 2013

In the media ABS: rises in council rates and utility bills contribute to inflation The quarterly figures released by the Australian Bureau of Statistics this week have revealed  Price rises in bills to consumers from council rates and state energy suppliers have helped nudge-up Australia’s official inflation rate (24 October 2013) To read more, please
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The Property Mill – Queensland – 1 November 2013

In the media Barrier Reef conflict claims Members of the Marine Park Authority with ties to resource companies are accused of a conflict of interest. The board of the agency charged with protecting the Great Barrier Reef has failed to adopt its own experts’ recommendation that it ban port developments which threaten the reef (30
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The Property Mill – Victoria – 21 October 2013

In the media Online auction for multi-million dollar property   A real estate group will launch its first online auction at the end of this month, in the hope of offering their buyers a more convenient buying experience when entering the market (15 October 2013) To read more, please click here. Neighbourhood centres in demand
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The Property Mill – New South Wales – 21 October 2013

In the media Boost in commercial property sales Investment activity in the Australian commercial property sector is strengthening, with new data from CBRE showing that September quarter 2013 sales were up 51 per cent on the prior corresponding period in 2012 (04 October 2013) To read more, please click here. Office demand returns to positive
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The Property Mill – Queensland – 21 October 2013

In the media Online auction for multi-million dollar property A real estate group will launch its first online auction at the end of this month, in the hope of offering their buyers a more convenient buying experience when entering the market (15 October 2013) To read more, please click here. Neighbourhood centres in demand Some
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The Property Mill – New South Wales – 10 October 2013

In The Media RP Data-Rismark capital city house price index hits record high in September A jump in house prices in Sydney and Melbourne over the past month has pushed the average value of homes in Australia’s capital cities to a record high (01 September 2013) To read more, please click here. Reserve Bank of
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The Property Mill – Victoria – 10 October 2013

In the media Generators to protect vulnerable from power outage    The Victorian Coalition Government today announced it will fund the installation of back-up power generators in a further 20 residential care facilities, ensuring the power is always on for more than 900 residents who are highly reliant on electricity for their health and well-being
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The Property Mill – Queensland – 10 October 2013

In the media RP Data-Rismark capital city house price index hits record high in September A jump in house prices in Sydney and Melbourne over the past month has pushed the average value of homes in Australia’s capital cities to a record high (01 September 2013) To read more, please click here. Climate Institute says
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The Property Mill – Victoria – 24 September 2013

In the media Australian real estate leads in sustainability   The Global Real Estate Sustainability Benchmark 2013 Report released last week in Amsterdam, indicates Australia is leading the charge in the global real estate sector’s bid to reduce its environmental impact (16 September 2013) To read more, please click here. Fishermans Bend lures $2bn facelift
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The Property Mill – New South Wales – 24 September 2013

In the media Australian real estate leads in sustainability The Global Real Estate Sustainability Benchmark 2013 Report released last week in Amsterdam, indicates Australia is leading the charge in the global real estate sector’s bid to reduce its environmental impact (16 September 2013) To read more, please click here. ASFA: SMSF property spruikers need regulation
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The Property Mill – Queensland – 24 September 2013

In the media Australian real estate leads in sustainability The Global Real Estate Sustainability Benchmark 2013 Report released last week in Amsterdam, indicates Australia is leading the charge in the global real estate sector’s bid to reduce its environmental impact (16 September 2013) To read more, please click here. Toxic waste threatens over 150,000 Australian
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The Property Mill – Queensland – 10 September 2013

In the media Brisbane leads August recovery as Melbourne and Perth record weakest monthly change Brisbane dwelling prices bounced back 1.5% over the month of August, according to RP Data. The median dwelling price in Brisbane is currently at $429,000 – up 1.7% for the quarter and 2.5% for the year (02 September 2013) To
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The Property Mill – New South Wales – 10 September 2013

In The Media Brisbane leads August recovery as Melbourne and Perth record weakest monthly change Brisbane dwelling prices bounced back 1.5% over the month of August, according to RP Data. The median dwelling price in Brisbane is currently at $429,000 – up 1.7% for the quarter and 2.5% for the year (02 September 2013) To
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The Property Mill – Victoria – 10 September 2013

In the media Connection project moves ahead The Victorian Government has announced the details of the next stage of its plan to connect 15 country towns to natural gas supplies (03 September 2013) To read more, please click here. VCAT upholds housing subdivision snub A plan to subdivide land near the Bendigo wastewater treatment plant
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The Property Mill – Queensland – 27 August 2013

In the media Overwhelming business support for carbon price A new AECOM report shows overwhelming business support for a price on carbon. The report, commissioned by Businesses for a Clean Economy, found that 88 per cent of the 180 businesses surveyed wanted a price on carbon to address climate change, with 65 per cent favouring
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The Property Mill – Victoria – 27 August 2013

In the media Savill: big shopping centre deals back on the table Savills latest research highlights that shopping centre transactions across the country hit $5.3 billion in the 12 months to June 2013, up from $3.9 billion the previous year (12 August 2013) To read more, please click here. New building plan to cut energy
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The Property Mill- New South Wales- 27 August 2013

In the Media Climate Commission: Australia has undergone a “quiet” solar revolution A new report says that “a quiet energy revolution” has been taking place in Australia, with over one million households now getting energy from solar panels. The explosion in solar PV was due to a number of factors, including reducing costs and government
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The Property Mill – Queensland – 12 August 2013

In the media Investors taking note of climate risks: report Global climate change investor groups have published a report finding that asset managers are taking note of climate change risks when making investment decisions. The report found a majority of investors view climate change as a material risk and have largely retained or advanced their
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