Competition Law
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Additional Foreign Acquirer Duty
Additional Foreign Acquirer Duty applies to transactions in land which are liable to transfer duty if:(1) the duty liability arises on or after 1 October 2016;(2) the land is Additional Foreign Acquirer Duty residential land (see below); and(3)...
Retail Services
When registering a trademark or retail services, i.e. if you had a clothing shop, you may look at registering in just class 25 which is for clothing (as Goods), or making clothes. But then if you sell other people's clothes too, it would be a retail...
Costs of Buying a Business in Australia
There are several costs you need to budget for when purchasing a business in Australia, in addition to the purchase price of the actual business. Let’s take a look at them:(1) Transfer Duty on Business Assets – this applies in Queensland, Western Au...
Terminating under the Finance Clause? Look before you leap.
In Queensland, if you terminate your residential property contract under the Finance Clause, you need to be very careful, as there is no simple ‘get out of jail free’ card here. Many buyers try to terminate under Finance for reasons other than a lac...
Queensland Residential Conveyancing - Seller’s Warranties
The seller warrants various things that could affect the property, such as correctness of title, capacity to complete, no judgments, orders or writs affecting the property, no unregistered dealings, no notices of body corporate meetings and no obliga...
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