Proposed changes to the 'Bright-line' test
The government is proposing to change the current timeframe for the ‘bright-line’ test for property from two years to five years.
The government is proposing to change the current timeframe for the ‘bright-line’ test for property from two years to five years.
Late last year parliament had its first reading of proposed changes to the Overseas Investment Act (“the Act”). Following consultation, a report is due back in parliament on the 30th of May.
ATTENTION FIRST HOME BUYERS AND INVESTORS. The dream of owning a home or investment property is about to become a little bit more of a reality, as LVR (loan-to-value ratio) lending limits are set to be relaxed.
So you have decided to build your dream home and are looking for land to build on. If you decide to purchase land in a development, the following are some practical points to take into account when making your decision.
If you are looking to enter into a Commercial Lease, getting it right from the start can help avoid problems further down the track. While we recommend you discuss your lease requirements with your lawyer, here are a few common points to think about.