Effective from 1 August 2025, Queensland will implement a new seller disclosure regime under the Property Law Act 2023 and the accompanying Property Law Regulation 2024. This initiative aims to enhance transparency and consistency in property transactions by clearly outlining the obligations of sellers to disclose pertinent information to prospective buyers.
Recent Changes to the Foreign Resident Capital Gains Withholding Rules: What You Need to Know6/5/2025 Australia's Foreign Resident Capital Gains Withholding (FRCGW) regime, introduced in 2016, ensures that foreign investors meet their Australian tax obligations when disposing of certain taxable Australian property. Effective from 1 January 2025, significant amendments to this regime have been implemented, increasing compliance obligations and broadening the scope of transactions subject to withholding. This article outlines the key changes, the policy rationale behind them, and practical considerations for affected businesses and individuals. Big News for Aussie Home Buyers8/4/2025 Two year ban on foreign investors purchasing established residential properties.
On 16 February 2025, the Australian Government announced a significant policy shift aimed at improving housing affordability and accessibility for local buyers. Effective from 1 April 2025, a two-year ban will be imposed on foreign investors purchasing established residential properties in Australia, lasting until 31 March 2027. |
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