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Duties update: Purchasing land in NSW for $20 million or more – Revenue NSW’s updated assessment process

Revenue NSW is introducing a new duty assessment process for transactions with a dutiable value of $20 million or more, which may affect timeframes for purchasers to receive their duty assessment from Revenue NSW. What is changing? Revenue NSW is transitioning its assessment process for transactions involving agreements or contracts for the sale of land […]

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Proposed changes to Retail Leases Act 1994 (NSW)

It is proposed to change the Retail Leases Act 1994 (NSW) (Act). The changes would be made by way of the passing of the Retail Leases Regulation 2022 (Draft Regulation).  What is the current status?  The Draft Regulation is currently out for public consultation.  When is this proposed to commence?  1 January 2023.  What are […]

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