SPM Law

Winter is Coming... although it's hard to believe with the beautiful weather we are currently experiencing in Noosa and Cooroy!!  In this edition of SPM Law matters we discuss the changes that Certificates of Titles will face this year as well as some cautionary advice when using social media and much more.

A win for the property market?

No matter what your politics, the Coalition’s recent win should bring some stability to the property market which is good news.

Property taxes like negative gearing and capital gains will remain untouched which should help with confidence in the housing market.  The market doesn’t like uncertainty so this should now encourage investors with some commentators saying it’s a “shot in the arm" the Australian property market needed.

Assistance to first home buyers and likely Reserve Bank interest rate cut will also be helpful.

A reminder that we have a designated conveyancing team of lawyers and conveyancers so If you are looking at purchasing or selling  a property and are not sure where to start, contact our team.

 

LATEST NEWS
Changes to REIQ Contracts for Houses and Land coming in January 2022 Changes to REIQ Contracts for Houses and Land coming in January 2022

The Real Estate Institute of Queensland (“REIQ”) and the Queensland Law Society (“QLS”) have announced that the new standard contracts for sales of houses, land and residential units will be released in late January. The changes have been introduced to resolve some issues faced by buyers and sellers when dealing with financial delays to settlement, in addition to updating a number of issues. READ MORE
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Compulsory Director ID Numbers Compulsory Director ID Numbers

A new Corporate requirement has been introduced in Australia - New Director Identification Numbers READ MORE
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CASE STUDY
Cautionary tale – Claims under the QBCC Insurance Scheme for Defective Works
Cautionary tale – Claims under the QBCC Insurance Scheme for Defective Works

The recent decision of Cronin –v- Queensland Building and Construction Commission [2019] QCAT14 highlights the importance of obtaining independent legal advice before making an insurance claim against the QBCC Home Warranty Scheme for defective building works.
   
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SPM Law