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Property Insights

Picture of a passport, with a big stamp on top, stating Temporary Resident
Principal Place of Residence

Temporary Resident Purchasing a Principal Place of Residence in Australia. What are the rules, regulations, and fees you need to understand?

Suppose you are a temporary resident in Australia and want to purchase a Principal Place of Residence (PPR). In that case, there are restrictions and requirements you must follow, mainly governed by the Foreign Investment Review Board (FIRB). Here’s what you need to know: Key Restrictions & Requirements: If you are a temporary

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15 February 2025
Superannuation

Seven changes impacting your super in 2025

Seven changes impacting your super in 2025 Superannuation rules are constantly changing, and 2025 is set to bring some updates that could affect your retirement savings. Whether you’re just starting to build your super or already planning for retirement, keeping up with these changes can help you make informed decisions.

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8 February 2025
Backyard Granny Flat
Property

Easier for Victoricans to build Granny Flats from December 2023.

From December 2023 the Victorian Government has passed planning changes to make it easier to build Granny Flats – or “small secondary dwellings”, on existing homes. The Victorian Premier Jacinta Allan revealed that planning permits will no longer be required to build small secondary homes on their properties. “Too often,

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10 January 2024
ATO Property Tax Audit
Property

Property Investors to ensure income and expenses are correct.

The ATO is particularly targeting property investors that are not using the help of a specialist property tax accountant like Umbrella Property Accountant, due to the high error rate being discovered from ATO Audits. The ATO Audits into self-preparers have uncovered nine out of ten tax returns reviewed were filed

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29 November 2023
NDIS SDA GST Free

NDIS SDA – GST Free ATO Advice to date – Part 2

Latest view to claiming GST on NDIS SDA Properties Read part 1 here (opens in a new tab) Compliance Cost – NDIS SDA Registered Provider The cost and time to get SDA Registered via the NDIA are unclear, indications provided to us from existing SDA Registered Providers indicate the process

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19 June 2023
Covid-19

Victorian Labour Government Land Tax Hikes to push up Rents

New Land Tax Thresholds – COVID-19 debt – land tax surcharge Landholdings between $50,000 and $100,000 will have to pay an extra $500 annual fee on top of the increased land tax levy. Landholdings between $100,000 to $300,000 will pay an extra $975 annual fee on top of the increased

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27 May 2023
Joint Venture Agreements

Joint Venture(JV) Tax Considerations for Property Developers

Joint Venture tax understanding for property developers in Australia What is a (JV) for Property Development A joint venture (JV) is a cooperative agreement between two or more parties in which all parties contribute their resources (such as money, skills, and assets) for the purpose of achieving a common goal.

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20 March 2023
Property Investors

Self-Managed Superannuation Fund (SMSF) investing in Rental Properties.

The ability to borrow money and acquire property within the superannuation environment has seen the rapid rise of self-managed super (SMSF) to now be the largest sector of the superannuation industry (measured by funds invested), eclipsing both retail funds and industry funds. Buying property inside super is not for everyone

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9 December 2022