Knowledge hub

Frequently Asked Questions (FAQs) for Queensland Property Purchaser

Frequently Asked Questions (FAQs) for Queensland Property Purchaser.... According to CoreLogic’s report in September 2021, Brisbane's dwelling values have risen 10.6% in the last year and are now at new highs. Queensland’s property market is now experiencing a massive surge in price and popularity in Australia and is attracting overseas investors as well.
Property | 7 October 2021

Freezing Order – Avoid dissipation of assets

Freezing order, also known as Mareva Injunction, is a court order to preserve the disputed assets of the ongoing proceedings (Freezing Order). The Freezing Order can restrain a party from dealing with certain assets, e.g. disposing, hiding or removing assets.
Litigation | 5 October 2021

What is a Building Information Certificate? When should I get one?

Building Information Certificate A Building Information Certificate (formerly known as building certificate) is a certificate issued by the local Council promising not to take any legal actions or issue any orders concerning the improvements (e.g. house, shed, garage, building etc) on the property for a period of 7 years from the date of the certificate. […]
Property | 22 September 2021

Why should property purchasers obtain a survey report?

Why should property purchasers obtain a survey report? A survey report is a report prepared by a registered surveyor. The report usually includes a plan which identifies the land’s measurements and boundaries. The report will also reveal whether the improvement(s) on the land (e.g. a shed, garage, house, etc) and the fences have encroached onto the neighbour’s land.
Property | 22 September 2021

What is General Skilled Migration (GSM)?

General Skilled Migration (GSM) The General Skilled Migration Visa is an Australian work visa program for skilled migrants that primarily benefit skilled workers who wish to live and work in Australia on a permanent basis. This visa is also available to those who may obtain sponsorship from an Australian employer.   There are four types […]
Migration | 6 August 2021

Recent changes to Subclass 188 Visa and the new Business Innovation and Investment Program (BIIP)

Business Innovation and Investment (Provisional) Visa (Subclass 188) Business Innovation and Investment (Provisional) Visa, also known as Subclass 188 Visa allows you to own and manage a business in Australia, conduct business and investment in Australia, and engage in entrepreneurial activity in Australia.   Recent changes to Subclass 188 Visa The Australian government has made […]
Migration | 5 August 2021

Business Visa Reform on Business Innovation and Investment Program from 1 July 2021

Business Visa Reform on Business Innovation and Investment Program In general, the Australian business skills migration scheme will undergo a number of significant changes beginning on 1 July 2021. The following are the significant changes: The program will be reduced from nine (9) to four (4) streams, with the elimination of the two (2) streams […]
Migration | 4 August 2021

What is Business and Investment Visa (Subclass 188 Visa)?

Business and Investment (Provisional) Visa[1] The Business and Investment (Provisional) Visa Subclass 188 is a provisional visa for people with business skills, which allows you to operate a new or existing business, conduct business and investment activity in Australia. The Visa Subclass 188 is a provisional visa that allows the applicant to stay in Australia […]
Migration | 3 August 2021

What is Global Talent Independent Program (GTI Visa)?

Global Talent Independent Program (GTI Visa) The Global Talent Visa Subclass 858 is a special Australian visa for applicants who have an internationally excellent record of brilliant and outstanding achievements in a specific field. Visa subclass 858 is a permanent visa that allows the applicant to enter and stay in the country for an indefinite […]
Migration | 2 August 2021

Tax-related matters in purchasing a property in New South Wales

Purchasing a property in New South Wales requires you to pay several taxes which include transfer duty, (also known as stamp duty) for residential property, Premium Property Duty (for property over $3 million), surcharge purchaser duty (for foreign purchasers) and Goods and Services Tax on commercial and industrial property.
Property | 29 July 2021