Categories for Buying

Biosecurity and Agricultural Management (BAM) Act and Settlement

6/4/2020
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Biosecurity and Agriculture Management Act 2007 Western Australia’s defences against potentially devastating pests and diseases were strengthened with the Biosecurity and Agriculture Management Act 2007 (BAM Act) coming into effect on 1 May 2013. What the BAM Act does. The BAM Act and associated regulations were enacted on 1 May 2013. The new BAM Act takes the place of 16 older Acts and 27 sets of regulations with one Act and nine sets of regulations and enhances protection of the...

Moving or relocating across WA regions -travel exemption COVID-19

1/4/2020
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Due to the COVID-19 state regional restrictions as of midnight 31/3/2020 (https://www.mediastatements.wa.gov.au/Pages/McGowan/2020/03/WA-travel-restrictions-come-into-place-from-midnight-Tuesday.aspx) if you are moving across regions (within WA) to travel to your new home… Clients Who Are Relocating Across Regions BOUNDARY CHECK https://www.mainroads.wa.gov.au/AboutMainRoads/News/Pages/COVID-19.aspx & https://www.wa.gov.au/organisation/department-of-the-premier-and-cabinet/covid-19-coronavirus-regional-travel-restrictions UPDATE 01/04/2020:AICWA have been advised that anyone wishing to travel across regions, including people relocating must send any requests for travel exemptions to SOCC.covid19smail@police.wa.gov.au  

Can a Deceased Joint Tenant Buyer Or (minor) under age of 18 – be e-settled within scope in WA?

16/1/2020
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Question: Can a Minor, or Deceased Joint Tenant Buyer – be settled within an e-settlement scope in WA? A: You may know that the Client Authorisation Form (CAF) immediately ends upon the death of that client (except in South Australia -ref https://www.arnecc.gov.au/__data/assets/pdf_file/0012/698718/MPR-Guidance-Note-1-Client-Authorisation.pdf). Office of State Revenue (OSR) using Revenue-On-Line (ROL) might have an issue with an incompletely signed substituted buyer form. Unless the surviving Joint-Tenant is able to execute for the deceased and provide the Death certificate as evidence with...

NeoBank would you use one

1/10/2019
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Digital banking: Compare neobanks in Australia Learn how a digital neobank could benefit you and how you can get started with one today. Like many other parts of our lives, banking is becoming increasingly digital. Australia has a number of new digital banks, also called neobanks, promising to revolutionise the financial industry through the use of world-class technology and digital services. Learn about some of Australia’s new digital banks in this guide and how a completely digital bank is different...

Foreign Buyer Duty navigation.

24/1/2019
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Foreign Buyer DutyNavigating the expectations of buyers in understanding their requirement to remit foreign buyer duty is inevitable. The declaration must be made by the buyer and it is strongly advised that you do not assist buyers in making any determination on their behalf where there is any doubt.  Foreign individuals are classified as an individual who is not an Australian citizen, or does not hold a permanent or special category visa. In other words, if you are either (i) Australian citizen;...

Foreign Buyers Duty Form required by all Buyers

18/1/2019
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On 1 January 2019, foreign transfer duty and foreign landholder duty came into effect by amending the Duties Act 2008. The additional 7% duty applies to acquisitions of residential property where the buyer or transferee are foreign persons, including foreign companies and trusts.What does this mean to you? Every buyer or transferee that acquires or purchases land in Western Australia is now required to complete and lodge a Foreign Transfer Duty Declaration Form within two months of executing the dutiable transaction.If you represent a...