As part of the push to try and make housing more affordable, the Federal Government introduced a Vacancy Fee for foreign owners of residential dwellings in Australia in December 2017. To understand the implications of the Vacancy Fee it is important to understand the definitions of the key terms used in the legislation, click the link to read more.
Unlike the Federal Vacancy Tax, the Victorian Vacant Residential Land Tax (VVRLT) is not limited to foreign residents. It is [...]
2018 has been yet another big year for the team at Bourne + Weir. Find out what we've been up to, what has changed and what is to come in 2019.