New GST Withholding Laws in Australia

On 1 July 2018 the new GST withholding regime relating to new residential premises or potential residential land transactions came into effect. The regime requires the buyers of new residential premises or potential residential land to account to the Australian Taxation Office (ATO) for GST included in the purchase price.

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New Cladding Laws affecting Queensland Building Owners

Non-conforming cladding on buildings has become an issue after the Grenfell Tower fire in the United Kingdom in 2017. Australia had a similar incident (excluding the loss of lives) at the Lacrosse Tower fire in Melbourne in 2014.

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