As the property market changes there are more opportunities for buyers to bid at auctions and pick up great properties which were beyond reach even 12 months ago. We’re a property firm of property tragics who have all been one property journey or another. We’ve gathered together our top tips for succeeding at auction. Research […]
Our friends at Light House Architecture & Science have published a great summary about what’s happening in the construction industry right now. “If you cannot cope with this level of uncertainty, do not commence design or construction work. Every project and every client is different. It is very important that you do your own risk […]
We have been closely tracking the evolution of the HomeBuilder Grant (see here and here and here) for announcements, eligibility criteria and more. It is important to note that there are steps in addition to time eligibility which you need to complete in order to receive the HomeBuilder Grant. Did you register for the HomeBuilder Grant? If you are […]
What’s New in Duty Rules For Off-The-Plan Properties? The ACT Government’s ongoing project to abolish stamp duty has continued, with the increase of the threshold for duty on Off-The-Plan units and townhouses to $600,000. This increase comes after the government first abolished stamp duty for Off-The-Plan properties
After expanding our footprint through 2021 and promoting successful teammates, we are recruiting into the Morris Legal Group team in 2022! We’re seeking a kind, motivated and high achieving indiviual to assist us with client care and administration in our Kingston office. How we do it We are tech-driven and client focussed. We hardcore leverage […]
The times – they are a-changin! From 1 July 2021, the ACT Government announced that commercial property purchases valued at $1.6 million or less will incur no stamp duty in the ACT. Where the value of the purchase is greater than $1.6 million, a flat rate of 5% applies. All eligible purchasers must ensure that […]
Looking to buy an off-the-plan unit or townhouse? The ACT government has announced that stamp duty on off-the-plan unit purchases up to $500,000 is now NIL. As part of the ACT government’s tax reform schedule, from 1 July 2021, all purchasers are eligible to this stamp duty exemption, provided that: The property being purchased is […]
We have been closely tracking the evolution of the HomeBuilder Grant (see here and there and here). We are pleased to share that the Federal Government has now announced an extension of 12 months to the deadline for construction to commence, giving applicants 18 months from the date of the contract to commence works. The […]
2021: We’re coming for you! We are expanding our footprint and looking for a likeminded people to join the Morris Legal Group team in multiple roles, including: – conveyancer – conveyancing clerk / paralegal / legal assistant – lawyer (2-4PQE) practising in property, construction and commercial law If you’re right for this job, you will […]
The Strata amendments that came into effect in November 2020 have impacted many legislative instruments that help regulate unit titles in the ACT. (Check out our neat list here). One interesting change worth noting for small scale developers is the removal of section 18 from the Unit Titles (Management) Act 2011 (UTMA) and the addition […]
