Industry unhappy with new property tax amendments

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The government of Victoria has proposed several amendments to the state’s property taxation laws.

New amendments explained

Under the amendments, the revenue office hopes to expand vacant residential land tax to all vacant residential land in Victoria from the 2025 tax year. The amendments also expand the definition of vacant

How to follow the law when increasing rent

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A Melbourne landlord recently found themselves in hot water after their tenant pointed out an invalid rent increase. The tenant alerted the agent to the improper reasoning given for the increase and was subsequently back-paid for the invalid increase.

As a landlord, it is important you know the ins and

How to protect yourself during a building project

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A recent McKinnon survey showed that 50% of Australia’s workforce is covered by some form of a restraint of trade or non-compete clause.

But how airtight are these clauses and can they be enforced?

Types of restraints of trade

Common restrictions of trade include:

Confidentiality clauses Non-solicitation clauses Non-compete

How can I have a mortgage discharged if the lender has been wound up?

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noreply@blogger.com (William Stark)

In an unusual case, the Supreme Court of Victoria was called upon to order the discharge of 2 mortgages in circumstances where one of the mortgagees had been liquidated, and subsequently deregistered. The other mortgagee had become a bank but did not have records dating back over 30 years ago. 

Older

Are there any more recent cases about a mortgagee's duty of good faith in selling real estate?

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noreply@blogger.com (William Stark)

With interest rates continuing to rise in late 2023, it seems that we are likely to see more mortgagees taking steps to realise mortgaged property. 

On 2 June 2021, I posted about a Queensland decision (HSBC Bank Australia Ltd v Wang & Ors [2021] QSC 58) rejecting criticism of a mortgagee’s conduct of