Working for real estate agents, it is easy, and some might say very common to become accustomed to looking at the issues facing the industry through the eyes of agents. A good lawyer goes out of their way to understand the fundamental principles and issues facing the industry at any given time so they can provide the best possible advice.
Victoria has announced new laws allowing the state government to chase builders for the cost of cladding rectification, prompting the main industry body, the Victorian Building Authority, to fume that it is being singled out for a problem caused by many players, including the government.
Landlords and tenants across Victoria should take note of VCAT’s important decision handed down in July 2019 matter of Phillips v Abel  VCAT 1031. This decision is an important landmark in the shifting landscape of retail and commercial leasing in Victoria.
The introduction of new provisions into the Duties Act 2000 provides for a concessional rate of land transfer duty where there are transfers of commercial and industrial land located wholly in regional Victoria. The concession is to be gradually increased between 2019 and 2023. The new provision will be a welcome relief to those purchasing commercial property in regional Victoria.