by actionproperty | Oct 15, 2022 | Council Rates & Land Tax, News Trends & Legislation
The Qld Govt has sensibly responded to massive property industry pressure to abandon its idea of including interstate landholdings in calculating Qld Land Tax. Queensland had passed a new tax law on 24th June that would allow the government to calculate land tax...
by actionproperty | Jul 1, 2022 | Articles
Business Owner-Occupier Alert. An Appeal Court has again confirmed that even if the owner of a property and the business therein are the same, the business may not be entitled to resumption compensation (relocation, loss of profits, etc) if there is no formal lease...
by actionproperty | May 30, 2022 | Leases & Rentals, Resumption & Compensation
Check your lease and premises for flood and damage risks. Following the catastrophic flooding of a major northside Brisbane shopping icon in February, the centre owners have now terminated all retail leases saying no compensation would be payable. The ASX-listed...
by actionproperty | Feb 7, 2022 | Resumption & Compensation, Valuation Matters
A Qld Court has again confirmed that: Compensation should be ‘resolved in favour of a more liberal estimate.’ Where practicable, discretion should be exercised in favour of the claimant to achieve a just result. The Court’s function in assessing compensation is...
by actionproperty | Dec 15, 2021 | Articles
An Appeal Court has ruled that Leased premises need not be described with absolute precision to satisfy the test of “sufficient certainty”. The property concerned a three-storey commercial building with very high exposure on the corner of Chapel St and Dandenong Rd in...
