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Tax & Legal Tips - Smart Property Investment

Tax and legal strategies are a key component of a strong, successful investment portfolio. Smart Property Investment provides investors with the latest updates, insights, tips and traps for maintaining these vital functions of a property portfolio.

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Unresolved mould costs landlords $5.7k

In a reminder of the obligations on landlords, an ACT tribunal has ordered Canberran landlords to pay compensation for...
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Canberra developers slammed with ASIC disqualification

A pair of property developers are barred from managing corporations until 2025.
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Are you taxed on income or capital account for your property transactions, and what difference does it make?

There are three ways in which profits from land transactions may be taxed:
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Call to lift stamp duty concession thresholds by $250k in Qld

The 'lazy tax' needs an update in the Sunshine State, according to a prominent real estate CEO.
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Council rate increases to be capped in Victoria

The state government is looking to reduce pressures on household budgets over the coming two years.
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Residential construction company faces Melbourne court

A construction company has been caught in the crosshairs of the Fair Work Ombudsman for an alleged payroll failure.
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WA set for building laws overhaul

The Western Australian government has revealed its most significant reforms to building and construction laws in more...
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Defective driveway costs a warning to the construction sector

A concrete business has been held to account after it did not comply with a building remedy order whereby workmanship...
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Court fines Perth plumber for failure to fix leaks

A recent order against a Perth plumber has served as a cautionary tale for consumers to solicit reviews before engaging...
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Engineered stone to be outlawed across Australia from 1 July 2024

Engineered stone will no longer be a commonplace feature in Australian homes, following a nationwide ban on the...
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Gold Coast property investor charged with 15 counts of fraud

The director of a Queensland property investment and development firm has been charged with “numerous criminal...
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Scam tradies on the rise in NSW

Con artists posing as tradespeople are “active in NSW right now”, the state’s Fair Trading has warned.
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No ‘silver bullet’ for housing found in Victorian parliamentary inquiry

A parliamentary inquiry into Victoria’s rental and housing affordability crisis delivered mixed opinions on stamp...
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Better building protections for home renos flagged in Victoria

Builders who take deposits for major renovations or building projects will be heavily penalised if they don’t have...
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ACT launches a new planning system

Canberra has introduced a new Planning Act for the first time in 15 years, in what the government has described as “a...
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Planning reforms put 100k-plus new homes in the radar in NSW

The amended planning laws could deliver 112,000 new homes across Greater Sydney, the Hunter, the Central Coast and the...
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Engineered stone ban gets backing from SA government

The state has thrown its weight behind the banning of engineered stone, which has become a commonplace feature in...
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Act now for serious building defects, owners corporations urged

Time is “running out” for owners corporations wanting to register for an NSW initiative that looks to address...
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‘Bitumen bandits’ spotted in South Australia

South Australians have been warned to stay on the alert after reports of scam tradies have surfaced.
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Qld government doubles grant for first home buyers

The Palaszczuk government has raised the First Home Owner Grant to $30,000 in a bid to ease cost-of-living pressures.
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