The 2017/2018 Victorian Budget has made substantial changes to land duty and tax payments in a bid to make the system for housing affordability more equitable. New home buyers and investors need to be aware of changes to the duty now applicable to certain property transfers. Part of the Budget changes include the abolition of […]

GST and Residential Property Transactions The responsibility for remitting Goods and Services Tax (GST) to the Australian Taxation Office (ATO) generally falls on the party making a ‘taxable supply’. In a property transaction, this has traditionally meant the vendor or developer (supplier), unless the contract provides otherwise. From 1 July 2018 purchasers of ‘new’ residential […]

Things you need to know BEFORE the auction day Buying a property is perhaps one of the most important financial decisions of your life. It can often be an intimidating process, especially at auction where you are competing with other buyers and there is no cooling off period. If you a purchase a property privately, […]

The team at RRR Lawyers specialise in assisting those who are purchasing off the plan properties. Off the plan developments have become increasingly common in light of major land developments, and apartment building construction taking place in the Melbourne CBD and surrounding regions. The term “buying off the plan” usually refers to purchasing a property […]

The new Powers of Attorney Act 2014 (Vic) commenced on 1 September 2015. Find out what changes there will be and what this may mean for you, your family or someone you care about.

A Power of Attorney is a legal document that gives a trusted person the legal authority to act for you, and to make legally binding decisions on your behalf. If you do not have a power of attorney then you should contact us and find out more.