Preston Rowe Paterson’s Property, Asset and Facilities Management team are committed to providing up to date information regarding Regulatory changes in the Property Industry. As at 1 July 2017, the Commercial Building Disclosure (CBD) Program is undertaking a major change. The program was established by the Building Energy Efficiency Disclosure Act 2010 and is managed […]
Read Full StoryArchive for June, 2017
Changes to the Commercial Building Disclosure Program (CBD) about to take effect
Posted date: June 20th 2017 . Author AdminSydney .
How the new legislation may affect your superannuation assets
Posted date: June 19th 2017 . Author AdminSydney .
Preston Rowe Paterson is undertaking valuations for clients to ready them for the changes to superannuation regulations. At issue is the aggregate value of assets held in superannuation funds relative to the introduction of the “transfer payment cap”. These changes in the Superannuation (Excess Balance Tax) Imposition Act 2016, which may lead to a need […]
Read Full StoryChanges to the Retail Leases Act 1994
Posted date: June 19th 2017 . Author AdminSydney .
Amendments to the Retail Leases Act 1994 (NSW) will take place, with the intent to increase transparency and certainty of deals made during the negotiation stage, introduce fair protections and increase operational efficiency. Landlords and tenants of retail properties will be affected by these changes, and while some of the following will have impacted both […]
Read Full StoryState-wide Stamp Duty Surcharge Shakeup
Posted date: June 2nd 2017 . Author AdminSydney .
The start of the cold season has brought through monumental changes to the housing market in New South Wales, as Premier Gladys Berejiklian announced a housing affordability package on June 1, to be implemented at the start of the 2017/18 financial year. The reforms will include the abolishing of stamp duty surcharges on first home […]
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