Property Law

HomeBuilder Scheme 2020

By NB Lawyers | August 18, 2020 |

The Federal Government recently announced the HomeBuilder scheme in an effort to boost Australia’s limping construction sector by providing eligible applicants $25,000 to put towards building a new home or the renovation of an existing one. The scheme is a tax-free grant and is estimated to directly support 140,000 jobs across the country. Eligibility Criteria…

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Protections for Landlords: Retail Shop Leases and Other Commercial Leases Regulation 2020

By NB Lawyers | July 6, 2020 |

The Retail Shop Leases and Other Commercial Leases (COVID-19 Emergency Response) Regulation 2020 is one of the latest pieces of legislation enacted as a result of the COVID-19 pandemic. This legislation was made under the COVID-19 Emergency Response Act 2020 (Qld) and Retail Shop Leases Act 1994 (Qld) with the purpose of mitigating the effect of COVID-19 on small businesses and giving effect to the good faith leasing principles as outlined in the National Cabinet’s Mandatory Code of Conduct.

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COVID-19 and Special Clauses: What You Need to Know Before You Buy or Sell!

By NB Lawyers | May 19, 2020 |

The COVID-19 pandemic has led to changes in the way we go about our typical everyday lives and has seen businesses and individuals alike trying to protect themselves against the economic impacts of the pandemic. Initial forecasts indicated that the Australian property market would be one of the areas hit hardest by the pandemic, however…

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Changes to the Foreign Investment Network – What you Need to Know!

By NB Lawyers | May 5, 2020 |

On March 29 2020 the Australian Treasurer announced further temporary economic measures which would be introduced in response to the COVID-19 pandemic. The announcement centred around changes to the Foreign Investment Network, with the most prominent being the decision to prescribe nil monetary value thresholds for particular significant actions and notifiable actions under the Foreign…

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Land Tax Relief Measures in Queensland

By NB Lawyers | April 24, 2020 |

On Wednesday 22 April 2020, the Queensland Parliament sat for the first time in over a month in an effort to pass emergency measures aimed at supporting Queenslanders during the COVID-19 pandemic. Some of the measures passed include the following: $300 million aimed at relieving the cost of living which includes $200 credit for all…

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