Home Builder Grant Extended to 31 March 2021
Fantastic news for first home buyers. Despite much speculation, the Home Builder Grant has been extended to 31 March 2021. Please see link below and give us a call to discuss ...
Posted By Despina Priala29th November 2020 (Updated 18th June 2022)
Views : 477
CBA Business Alliance Partner
Priala Legal is a business alliance partner of the Commonwealth Bank. This means that Priala Legal is able to offer its clients direct access to a specialised home lender to discuss all of your residential home lending needs. Give us a call if you wish to utilise this direct ...
Posted By Despina Priala17th November 2020 (Updated 30th June 2022)
Views : 542
Beware First Home Buyers!!!
In a recent decision handed down by QCAT a first home buyer has been denied the first home buyer's grant. The full decision of QCAT appears here: http://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/qld/QCAT/2020/231.html The essence of the case comes down to the character ...
Posted By Despina Priala10th July 2020 (Updated 18th June 2022)
Views : 635
Homebuilder and Off the Plan
There has been much speculation as to whether the Homebuilder Grant of $25,000 will apply to off the plan purchase contracts where construction has already commenced on site. The information was lacking and it was difficult to provide answers to our clients who have already signed ...
Posted By Despina Priala19th June 2020 (Updated 10th May 2023)
Views : 694
Banks do not hold all the power!
In these harsh times, clients are looking for funding from all different avenues, not just from top tier banks, but also from second tier lending institutions and private lenders. In a recent decision in the Federal Court of Australia, (Download PDF) the Court found that certain ...
Posted By Despina Priala12th June 2020 (Updated 18th June 2022)
Views : 570
Business Partner with Commonwealth Bank of Australia
In these times we are finding our clients are facing real problems with obtaining fundng from those banks which have had their off shore verification centres locked down. CBA is not one of those banks. We are business partners with CBA and can provide you and your clients with ...
Posted By Despina Priala1st June 2020 (Updated 18th June 2022)
Views : 493
Additional Foreign Acquirer Duty
Foreign Purchasers Beware! From the 1 October 2016, the Additional Foreign Acquirer Duty commenced in Queensland. AFAD was introduced to ensure foreign acquirers of residential property who benefit from government services and infrastructure also contribute to their delivery, ...
Posted By Despina Priala28th February 2019 (Updated 18th June 2022)
Views : 3745
Residential Vacancy Fee for Foreign Buyers
In December 2017, The Australian Government introduced a vacancy fee for foreign owners of residential dwellings. Under the legislation, foreign owners of residential dwellings are required to pay an annual vacancy fee if their dwelling is not residentially occupied or rented ...
Posted By Despina Priala24th July 2018 (Updated 18th June 2022)
Views : 4456
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