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SRO – Stamp Duty Changes

Several changes have been announced to stamp duty with the intention of increasing affordability for first home buyers. First Home Buyers: Stamp duty will be removed from purchases of homes valued under $600,000 for first home buyers. There will be a concessional rate of duty (on a sliding scale) for purchases of homes valued between […]

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Welcome aboard, Amy!

We are happy to welcome conveyancer Amy Nash to the Confident family. Amy comes with over 12 years conveyancing experience in the inner western suburbs, and with her wealth of knowledge and friendly demeanor we are very happy to have her on board.

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sold beyond expectations

Cutting down on Underquoting!

Underquoting of Property Prices…. Clients often ask us about prices that are advertised versus what the properties actually sell for. Consumer Affairs Victoria in collaboration with the Victorian Government are working towards legislation that will help consumers more clearly work their way through property values and quoted prices for sale. Underquoting Laws to Protect Homebuyers: […]

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Foreign Resident Capital Gains Tax Withholding

Are you a Foreign Resident and selling for over $2million dollars. Be aware of the withholding Tax that will now occur at the settlement stage. The Purchaser will withhold the relevant tax amount at settlement and forward this to the ATO for their further assessment. https://www.ato.gov.au/General/New-legislation/In-detail/Direct-taxes/Income-tax-for-businesses/Foreign-resident-capital-gains-withholding-payments/

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