House prices will slow but no debt crisis: HSBC Australia's housing market slowdown is set to
continue over the rest of the year and into 2017, according to a
new paper from HSBC, but it shouldn't cause a household debt
crisis as a result (22 April 2016).
Stamp duty 'hurting economy' The current property tax structure is costing jobs,
negatively affecting the property market and hurting progress, but
reform won't be as simple as it seems, according to Property
Council of Australia CEO Ken Morrison (14 April 2016).
In the media – New South Wales
Swimming pool rules change on Friday, but are sellers
and landlords ready? New rules for swimming pools that begin on Friday will
affect everyone selling or leasing their home. But a random survey
of properties for sale last weekend found about 75 per cent did not
appear to be market-ready under the new legislation. If the pool is
non-compliant, the new owner will have 90 days to bring it up to
safety standard (24 April 2016).
In the media – Queensland
Stronger laws against contamination of land and water
enacted in Queensland The State's Environment Minister Dr Steven Miles has
assured farmers and native title holders that they are outside the
reach of Queensland's new Chain of Responsibility laws (22
In practice and courts - National
Land title practice manual From 1 May 2016, the Land Title Practice Manual will
outline new requirements applicable to all instruments and
documents executed and witnessed outside Australia, including all
Titles Registry forms and powers of attorney which are lodged for
R V R (Aust) Pty Ltd v Tulla-Zone Pty Ltd (Civil
Claims) VCAT 613 Retail premises lease – tenant sells business
– landlord demands payment of an earlier tenant's
liability before granting new lease to purchaser – whether an
agreement for 'key-money' and void – landlord also
holds part of purchase price – landlord's counterclaim
– Retail Leases Act 2003 ss 3, 23(2), 94. More...
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