Buying a home is an exciting milestone, but it comes with important legal and financial responsibilities. In 2025, the Albanese government’s re-election introduced new policies for home buyers. The First Home Guarantee now allows eligible buyers to purchase with just a 5% deposit. Buyers may also avoid lenders’ mortgage insurance. First-time buyers can access the...

What the New Queensland Seller Disclosure Statement Means for You

From 1 August 2025, property transactions in Queensland will change significantly. Under the Property Law Act 2023 (Qld), sellers of residential, vacant, and certain other prescribed property types must give a buyer a compliant Form 2 Seller’s Disclosure Statement and prescribed certificates before the buyer signs a contract. This replaces the previous “buyer beware” approach...

Potential Legal Pitfalls in Conveyancing – What Can Go Wrong

When choosing a legal firm for your conveyancing needs, it’s important to understand the potential risks involved in transferring property ownership. While some firms may present conveyancing as a straightforward administrative task, they often overlook the significant risks that can arise during a property purchase. Below, we’ve outlined key examples of What Can Go Wrong,...

IMPORTANT INFORMATION FOR ALL SELLERS AND LESSORS

New Capital Gains Withholding Requirements from 1 January 2025 Navigating the Australian property market can be complex, especially with recent changes to the Foreign Resident Capital Gains Tax withholding rules. Starting 1 January 2025, all sellers and lessors must be aware of the new requirements regarding withholding clearance certificates. Key Modifications to the FRCGW Requirements...

Dangers Of Low-cost Conveyancing Services

Conveyancing has become very competitive when it comes to conveyancing fees being charged by property law firms and conveyancers. Reducing the price of conveyancing can be very risky to clients. The conveyancing process is a complex road to navigate for clients and your interest both legally and professional should always be considered first at all...

The Importance Of Have Your Contract Reviewed Before Signing

Buying a home is the largest financial investment an individual makes. it’s a big-ticket investment and it’s essential to understand what you’re entering into. Contract Review Buying a property can be expensive and it is natural to want to cut corners and save as much money as possible on the peripheral services and fees, but...