A recent Fair Work Commission decision demonstrates how far the Fair Work Act 2009 (Cth) bullying jurisdiction extends, which will have serious ramifications for Bodies Corporate, committee members and individual lot owners. THE FACTS The Applicant was employed by a...
Changes to the Conveyancing Act 1919 (NSW) apply retrospectively from 2 November 2015 We recently informed you of the NSW government’s intention to tighten its grip on property development regulations, specifically in relation to sunset clauses. On 17 November 2015...
Ian McKnight, a consultant in our Property & Projects team in Sydney, was presented with The President’s Award at the annual convention of Strata Community Australia (NSW) held earlier this month. The Award is regarded as the most prestigious of the awards...
FOREIGN INVESTMENT REVIEW BOARD (“FIRB”) CHANGES EFFECTIVE 1 DECEMBER 2015 Foreign persons are required to apply for FIRB Approval prior to purchasing residential real estate in Australia. Currently, there are no fees payable to FIRB by a buyer for the making of this...
Proposed reforms to the Conveyancing Act 1919 (NSW) On 23 September 2015, Victor Dominello, the NSW Minister for Innovation and Better Regulation announced a public consultation on the use of sunset clauses to terminate off the plan property contracts. NSW has seen an...
As published in CK Momentum Issue 8 (Click here to download) Areas of vital concern in Queensland and New South Wales are the issues surrounding maintenance and repairs of strata titled buildings, and the possibility of termination of schemes in circumstances where...
As published in CK Momentum Issue 3 (Click here to download) Recent changes to the law amended the requirement for all commercial premises built before 31 December 2003 that are used as a workplace to maintain an asbestos register. The requirement to keep an asbestos...
Property agents and developers would be aware the standard REIQ Contract contains a finance clause which makes the contract conditional upon the buyer obtaining finance. This is for the mutual protection of the parties, in that either party may elect to terminate the...
The Property Occupations Act 2014 (Qld) (Act) will commence on 1 December 2014 replacing the Property Agents and Motor Dealers Act 2000 (Qld) (PAMDA). Amendments to the Land Sales Act 1984 (Qld) (LSA) and Body Corporate and Community Management Act 1997 (Qld) (BCCMA)...
As published in CK Momentum Issue 3 (Click here to download) The Queensland Government has introduced further amendments to property legislation, specifically for the sale of off-the-plan lots, which will be of significant benefit to property developers. Legislation...
As published in CK Momentum Issue 3 (Click here to download) The development and real estate industries have welcomed the passing of the Property Occupations Act 2014 (the Act) by Parliament with amendment on 7 May 2014. The Act will regulate property occupations and...
As published in CK Momentum Issue 4 (Click here to download) In October 2013, New South Wales first experienced electronic lodgement and registration of land dealings. In Victoria, financial institutions have been settling discharges of mortgages, withdrawals of...