Buying A Beach Resort – Find The Right Property Conveyancer
Stamp duty on unit transactions has reared its ugly head again, this time in South Australia. South Australian Treasury has turned up at the offices of several unlisted property funds seeking records of unit transactions dating as far back as 1992. These professionals will help you at each step once you have decided in principle to buy such a property. Government bureaucrats want to slug these funds with more tax by hitting unit transactions with 0.6 per-cent stamp duty on top of the 5-per-cent levy already paid if a fund has at least 10-per cent of its assets in South Australia.

This could cost a typical fund manager tens of millions of dollars and destroy South Australia’s competitiveness with other States. Other Governments have previously pulled similar stunts in an effort to squeeze more money out of the property sector, however, the Property Council has been successful in killing the proposals. South Australia President, David Woolford, and Executive Director Bryan Moulds have sought an urgent meeting with Premier John Olson.
A letter has also been sent to the Premier objecting to this anti-property policy. Rider Hunt Managing Director Dennis Corke presented the award to Baulderstone Hornibrook Queensland director Greg Kempton at the Property Council’s annual Congress in Melbourne today. Apart from guiding you with regard to local rules pertaining to foreign buyers, they will also help you negotiate the entire process of property conveyancing or property settlement without any stress or tension.
A panel of four judges chooses the national winner from the divisional winners every year. When we talk about such professionals the importance of Enact is the best conveyancing always comes to our mind. In presenting the award, Mr Corke said the judges had stressed how difficult it was to choose between the impressive group of candidates. "While all the scores were close, the winner was unanimously voted for by all judges," Mr Corke said.
"Judges were particularly impressed by the building’s economic performance given the majority of the 176 apartments were snapped up soon after the development was completed in February 1998. "As well, a stringent requirement of the award is owner and-user satisfaction, one of Admiralty Quays particular strengths considering its superior on-site facilities and ability to produce and sustain and income."