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Property

Posted Apr 24, 2018 New Laws: GST On New Properties
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The Australian Tax Office (ATO) has taken steps to put the onus on Purchasers to collect the GST on all new residential properties to improve the integrity of collection of GST from developers. On 29 March 2018, amendments to the legislation were passed to come into effect on 1 July 2018. Contracts entered into before […]

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Posted Apr 24, 2018 Pre-Separation Financial Agreements
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The Rise of Pre-Relationship Financial Agreements Financial Agreements commonly referred to by practitioners as Binding Financial Agreements (BFAs) continue to stir controversy amongst practitioners whom practice Family Law. Some swear by them, others avoid them like the plague and most would participate in drafting a few reluctantly, but would really prefer to defer the task […]

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Posted Mar 27, 2018 eContracts As A Part of eConveyancing
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Settlements through PEXA have been in operation since 2014. And while PEXA has gained quite some momentum in the shift towards electronic transactions, being one of the most popular topics of dinner conversations between property lawyers and conveyancers – “Are you on PEXA?”, PEXA currently impacts only the settlement process, but does not provide any […]

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Posted Mar 26, 2018 eConveyancing Update
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As you are no doubt aware, KREISSON made history in June 2016 by conducting the first end to end digital, entirely paperless conveyance of Australian property. Since then the industry has been moving towards digital revolution and has been assisted by various State Government mandates. The NSW State Government has been encouraging and championing eConveyancing […]

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Posted Feb 26, 2018 Legislative Updates to the Environmental Planning and Assessment Act
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Following closely in step with the Strata Legislation Reforms, almost 40 years after the inception of the EP&A Act, the NSW State government have decided to update the legislation that dictates the planning and development of our State. The Environmental Planning and Assessment Amendment Bill 2017 was assented to by NSW Parliament last November 2017 […]

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