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Kelvin Ng covers the range of indirect taxes that may be
applicable when doing business in Australia.
Clayton Utz communications are intended to provide
commentary and general information. They should not be relied upon
as legal advice. Formal legal advice should be sought in particular
transactions or on matters of interest arising from this bulletin.
Persons listed may not be admitted in all states and
territories.
As part of the 2023-24 State Budget, the Victorian Government announced significant reform to stamp duty for commercial and industrial properties that will take effect from 1 July 2024.
Private capital continues to experience a meteoric rise, with the Australian Investment Committee reporting assets under management at a record high of $118 billion as of September 2022.