April 2024

Property

29 April, 2024

NSW Housing Policy Advances with New Planning Controls for Transport Oriented Development Precincts

In a pivotal move for New South Wales' housing policy, the Department of Planning, Industry, and Environment (DPIE) has today announced the finalisation of new planning controls under an amendment to the Housing State Environmental Planning Policy (SEPP) for 18 Transport Oriented Development (TOD) precincts. These precincts, strategically located across…

Victoria Caldwell

Contracts Property

17 April, 2024

A Property Developer’s Guide to the New Unfair Contract Terms Regime

The new unfair contract terms (UCT) regime took effect on 9 November 2023. A summary of this regime is set out in our article here. The new UCT regime applies to contracts which are: either consumer contracts or small business contracts; and standard form contracts. This may include off the…

Victoria Caldwell

Projects Property

10 April, 2024

Proposed New Tax Breaks for BTR Investment and Development

The Federal Government has this week released draft legislation aimed at stimulating investment and development within the build-to-rent sector, aligning with its ambitious objective to construct 1.2 million new residences by 2029. This legislation, proposed to amend the Income Tax Assessment Act 1936, 1997 and 1953, seeks to introduce tax incentives…

Victoria Caldwell

Commercial Insolvency Property

9 April, 2024

Duties of a liquidator when selling company property

Section 420A of the Corporations Act 2001 (Cth) (Act) obliges a receiver exercising a power of sale to take all reasonable care to sell the property for market value or the best price reasonably obtainable. This is typically a heavy duty. Liquidators are not subject to section 420A of the…

Victoria Caldwell

Commercial Construction Insolvency Litigation Security of Payments

5 April, 2024

Enforcing SOPA judgments: An overview of Garnishee Orders and Statutory Demands

Congratulations! You have just obtained an adjudication certificate. What comes next if the respondent refuses to pay the adjudicated amount? Knowing how to enforce SOPA debts is essential for construction industry participants who want to exercise their right to receive progress payment. Two potentially powerful options available to claimants are…

Victoria Caldwell

Building Construction Contracts Projects

4 April, 2024

La Niña And Its Effect On Contractors

The last La Niña (wet period) lasted for more than 1 year and ended in March 2023. After a few months of a neutral period, El Niño (dry period) started in September 2023. El Niño was expected to persist until at least the second quarter of this year. However, based…

Victoria Caldwell

NSW Housing Policy Advances with New Planning Controls for Transport Oriented Development Precincts

A Property Developer’s Guide to the New Unfair Contract Terms Regime

Proposed New Tax Breaks for BTR Investment and Development

Duties of a liquidator when selling company property

Enforcing SOPA judgments: An overview of Garnishee Orders and Statutory Demands

La Niña And Its Effect On Contractors

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