News articles from the desk of Riverson Lawyers.

The Sale of Land Amendment Bill 2018

The Andrews Labor Government has announced the Sale of Land Amendment Bill 2018 which will protect Victorian purchasers of off-the-plan properties by restricting the use of sunset clauses in off-the-plan contracts without their consent. Off-the-plan contracts commonly include a sunset clause that allows a vendor to terminate the contract where the plan of subdivision has […]

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New GST Withholding Regime

Beginning on the 1st of July 2018, a new GST withholding Regime will be in place. This new Regime requires purchasers of certain new residential premises or potential residential land to withhold an amount from the price of the sale for payment to the ATO directly. Furthermore, this Regime will also apply to long-term leases […]

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