November 24, 2020
The COVID-19 Public Health Orders have seen many people, not just solicitors and Justices of the Peace working remotely. Signing formal documents just got easier because now you can use electronic copies, provided you follow new rules. In response to remote working, the NSW Government has implemented the Electronic Transactions Amendment (COVID-19 Witnessing of Documents) Regulation […]
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What’s Next for Australian and Global Economies?
December 15, 2021
The year began with COVID-19 as the biggest threat to the economy and has ended the same way. But along the road there’s been plenty of highs and lows, from lockdowns and fears of inflation, to the debt crisis in China spurred on by property giant Evergrande, and strong global growth. There was also the […]
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Market Update 12 November 2021
November 15, 2021
Investment markets & key developments Share markets were hit again over the past week as more high inflation readings added to concerns about monetary tightening. This left US and European shares down for the week and Japanese shares little changed. Chinese shares bucked the trend and rose. While falls in US shares weighed on the Australian […]
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Company Directors Now Must Have IDs – Do You Have Yours?
November 12, 2021
The Government is introducing a new requirement for directors to apply for a unique identification number (Director ID) from November 2021. Existing company directors will be required to apply for a director identification number (Director ID) by 30 November 2022. Directors that are appointed between November 1, 2021 and April 4, 2022 will need to […]
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Paper Certificates of Title Gone – Watch Out Parental Loans
November 12, 2021
Many parents lending money to their kids to buy a house would accept the paper certificate of title as security for the loan. Although the loan is not secured by a registered mortgage, parents usually take some comfort that while they held the certificate of title, the property could not be transferred from their child’s […]
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Your End of Financial Year Super Checklist 2021
June 1, 2021
With the 30th of June just around the corner, it may be a good time to review your contribution to superannuation for the 2021 financial year. To help you explore potential options before the end of the financial year, here is a list for you to consider. With any information, we have not considered your […]
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Do You Own An Investment Property?
April 23, 2021
If you are the 1 in 5 Aussies who own an investment property, changes to a number of rental laws took place on 23 March this year which affects you as a landlord, the property manager you have appointed and your tenants. Given that the changes are plentiful, I suggest you look at their media […]
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The Australian Government’s Mid-Year Economic and Fiscal Outlook – peak deficit has likely been seen
December 18, 2020
Introduction The Federal Government has updated its budget deficit projections and economic assumptions in the Mid-Year Economic and Fiscal Outlook (MYEFO). Thanks to a combination of stronger than expected economic growth and a higher than expected iron ore price, revenue growth has increased and projections for outlays have been lowered. As a result, the budget […]
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Are House Prices Poised to Surge?
December 17, 2020
The Reserve Bank of Australia’s (RBA’s) pledge to keep interest rates on hold until inflation is sustainably back within its 2 to 3% target band could be tested over the next year with a potentially large rebound in house prices. As seen in the chart below, our modelling suggests that overall national home loan affordability […]
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Signing Formal Documents Remotely – New Rules
November 24, 2020
The COVID-19 Public Health Orders have seen many people, not just solicitors and Justices of the Peace working remotely. Signing formal documents just got easier because now you can use electronic copies, provided you follow new rules. In response to remote working, the NSW Government has implemented the Electronic Transactions Amendment (COVID-19 Witnessing of Documents) Regulation […]
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2020 Land Tax COVID-19 Relief
August 28, 2020
About the Program The NSW Government has introduced measures to provide relief to commercial and residential landowners, who provide a reduction in rent to a tenant who is experiencing financial distress as a result of COVID-19. The 2020 land tax COVID-19 relief is intended to reduce a landowner’s land tax payable for 2020, by up […]
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