WHY WE NEED YOUR HELP & COOPERATION? Anti-Money Laundering and Counter Terrorism Finance AML/CTF in the Real Estate Industry is set to come into force for the real estate sector on 1st July 2026. Laundered money stems from the proceeds of crime, such as corruption, drug, human trafficking, and child exploitation. It is often linked…Read More→
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Fast sales and high demand continued, resulting in active buyers having their offers rejected if their offers were non-competitive. Perth’s property market has remained hot, with homes selling in days, low stock and hesitant sellers driving competition, prompting buyers to act fast or risk missing out. All these factors contributed to the short supply across…Read More→
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Legislation making changes to foreign resident capital gains withholding (FRCGW) passed Federal Parliament last week and will apply to contracts for property entered into on and after 1 January 2025. FRCGW is designed to support the collection of tax liabilities owed by non-residents selling Australian properties. Australian residents and citizens are exempt from paying withholding. However, currently,…Read More→
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