Commercial Building Disclosure Review: Part 1

  The Federal Government has launched a review of its Commercial Building Disclosure (CBD) program. The program was introduced by the Building Energy Efficiency Disclosure Act 2010, along with other measures to improve energy-efficiency in commercial buildings. It was developed by all Australian governments as part of the broader national strategy directed at energy-efficiency. The commercial…

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City Deal Projects

QUESTION: When does an infrastructure development become a City Deal project? ANSWER: A City Deal is an agreement between two or more tiers of government to prioritise and jointly invest in infrastructure based on the economic growth it is expected to generate. City Deals seek to ensure that projects have long-term beneficial economic and social…

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Queensland Government Imposes More Tax on Property Transactions

The Queensland Government, whose coffers have been left somewhat bare, due to the downturn in the resources sector, is looking to residential property to help fill the gap. New Foreign Investor Property Tax QLD is targeting overseas purchasers of residential property through a 3% Additional Foreign Acquirer Duty (AFAD) that came into effect on October 1 via…

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