In this HA Housing Insights series, we shine a spotlight on the housing crisis and speak with key industry experts to gain a comprehensive understanding of the challenges faced in delivering housing outcomes and potential solutions.

In the seventh instalment of our HA Housing Insights series we speak with Brad Hosking, Chief Executive Officer of the National Affordable Housing group of companies (NAH). Brad gives insight on innovative ways to change the housing landscape.

In this HA Housing Insights series, we shine a spotlight on the housing crisis and speak with key industry experts to gain a comprehensive understanding of the challenges faced in delivering housing outcomes and potential solutions.

In the sixth instalment of our HA Housing Insights series we hear from Tim Copley, Development Manager at McNab about how the barriers currently faced by developers in Queensland may be overcome.  

In this HA Housing Insights series, we shine a spotlight on the housing crisis and speak with key industry experts to gain a comprehensive understanding of the challenges faced in delivering housing outcomes and potential solutions.

In the fifth instalment of our HA Housing Insights series we speak with Brian Farrelly, Partner and Executive Director at Pitcher Partners Melbourne within the Tax Advisory Group to hear his views.

In this HA Housing Insights series, we shine a spotlight on the housing crisis and speak with key industry experts to gain a comprehensive understanding of the challenges faced in delivering housing outcomes and potential solutions.

In our fourth instalment of our HA Housing Insights series we speak with Bruce Wan, Head of Research at MaxCap Group. Bruce brings a unique perspective on the housing market through the lens of a lender and his background in global market research. 

The housing crisis remains a critical issue in Australia.

A coordinated effort between all levels of government, the private sector and community housing organisations is required to tackle the crisis and boost supply.

In this HA Housing Insights series, our social and affordable housing team speak with key industry experts – including developers, builders, community housing providers, investors and property and tax specialists – to gain a well-rounded perspective on the challenges faced in delivering housing outcomes and potential solutions.

Today we speak with Jessica Jones, Head of Strategy & Business Development at Balmain & Co to gain insight from the builder perspective on the affordable housing crisis.

The housing crisis remains a critical issue in Australia.

A coordinated effort between all levels of government, the private sector and community housing organisations is required to tackle the crisis and boost supply.

In this HA Housing Insights series, our social and affordable housing team speak with key industry experts – including developers, builders, community housing providers, investors and property and tax specialists – to gain a well-rounded perspective on the challenges faced in delivering housing outcomes and potential solutions.

Today we speak with Jesse Radisich, Director of the Victorian JLL Capital Markets – Development Team, to provide us with insight into what is happening in the current market, trends and opportunities in the affordable housing and build-to-rent sector.

The housing crisis remains a critical issue in Australia.

A coordinated effort between all levels of government, the private sector and community housing organisations is required to tackle the crisis and boost supply.

In this HA Housing Insights series, our social and affordable housing team speak with key industry experts – including developers, builders, community housing providers, investors and property and tax specialists – to gain a well-rounded perspective on the challenges faced in delivering housing outcomes and potential solutions.

To open the conversation, we speak with Mike Myers, who has 42 years’ experience working in the UK and Australia across all aspects of social and affordable housing in the community, government and private sectors, including policy, delivery, finance and executive leadership.

Harwood Andrews is proud to have advised on one of Queensland’s most substantial affordable housing projects, which will change the lives of hundreds of future residents.

The project will deliver 483 affordable homes with support from the Queensland Government’s Housing Investment Fund.

The 2024/25 Federal Budget has announced $6.2 billion of new initiatives in the budget to respond to Australia’s housing shortage.

From 9 November 2023, consumers and small businesses have had increased protection from unfair contract terms contained in standard form contracts under the Australian Consumer Law and Competition and Consumer Act 2010 (Cth).  We wrote generally about these protections in our update Constructing a fair contract can save you millions.

From 1 July 2024, a new state taxes regime commences for certain commercial and industrial properties. Upfront land transfer (stamp) duty will be phased out in lieu of a new annualised Commercial and Industrial Property Tax (New Tax).

In a landmark move aimed at addressing the national housing crisis, the first tender for the federal government’s Housing Australia Future Fund Facility (HAFFF) and National Housing Accord Facility (NHAF) is now open. The core objective of these programs is to finance new, high quality and well located social and affordable housing to address the current national housing crisis.

The VCAT ruling of Baullo v Commissioner of State Revenue [2023] VCAT 1164 (Baullo), has reaffirmed the position of the State Revenue Office (SRO) that forgiving beneficiary loans in relation to a distribution of property from a discretionary trust to a beneficiary will prohibit utilisation of the exemption to land transfer (stamp) duty afforded by section 36A of the Duties Act 2000 (Act).

Certain retail premises are excluded from the protection and requirements of the Retail Leases Act 2003 (Act), including premises used for the retail provision of services located above the first three floors in a multi-story building (Third Storey Exclusion). A recent VCAT ruling in Aqua Greenland Pty Ltd v Max Therapy School Pty Ltd (Building and Property) [2023] VCAT 449 has considered the Third Story Exclusion.

Legislation in Victoria has now passed the Legislative Assembly to prohibit a vendor from passing on an existing land tax or windfall gains tax liability to a purchaser on sale of land. Subject to the legislation passing unamended in the Legislative Council and receiving Royal Assent, the changes will take effect 1 January 2024.

A recent VCAT decision has served as an important reminder for those undertaking capital raising for funds investing in real property, including for development.

Farmland is often the single most valuable asset for a farming family. The farm provides a base from which to operate the farming business and the capital value of the farmland typically increases in value over the long term.

Ordinarily, land transfer duty (stamp duty) is paid by the transferee at the time of the transfer of dutiable property, such as real property, unless an exemption to stamp duty is applicable.

Purchasing or building a new home is often said to be the largest financial commitment an individual or a couple will make in their lifetime. People will take on substantial mortgages in order to build their dream homes or investment properties. Therefore, it is extremely important that you ensure the legal goalposts are set from the beginning and understood by all parties, before signing on the dotted line.

If settlement is delayed by the purchaser, through no fault of the Vendor, then interest can be payable by the Purchaser in accordance with the terms of the contract of sale of land (Late Settlement Interest). Late Settlement Interest is normally calculated at 12% per annum of the purchase price.