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Caring for an Elderly parent
We are seeing more children caring for their elderly parent(s) in the home of the elderly parent(s). There are several aged care fees that may be relevant in these circumstances.…
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First Home Buyer Changes
The First Home Buyer Legislation Amendment Bill 2023 has been introduced into parliament and proposes to amend the Duties Act 1997 to revise dutiable values for property to be eligible for the First Home…
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Building Disputes - Defects (Part 2)
Defects can occur for a variety of reasons, including: Substandard materials Improper workmanship Changes to the plans or specifications Errors in the plans or specifications Force majeure events When a…
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Building Disputes - Defects (Part 1)
Defects in Construction Contracts A defect in a construction contract is any work that does not meet the standards or requirements set out in the contract. Defects can be either…
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Building Disputes - Scope of Works
Scope for Disagreement: Building Disputes About the Scope of a Construction Contract in NSW The scope of work is the work that the contractor is required to do under the…
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Family Law and the 2023 Federal Budget
In amongst all the Budget chatter was an announcement that the Federal Circuit and Family Court of Australia was given funding to expand the “Priority Property Pools” program. Since March…
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Building Disputes - Security for Performance
Security for Performance Security for performance is a way for the parties to a construction contract to protect themselves from the other party’s default. The security can take a number…
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Commercial Rookie Errors: Division 7A Loans and where you can go wrong.
One of the riskiest areas of tax law and one that the Australian Taxation Office (ATO) monitors heavily is that of Division 7A loans. Division 7A of the Income Tax…
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What happens to the home when your elderly parent requires additional care: The Asset Test
When an elderly parent goes into aged care and there has been a carer (being a child of the elderly parent) who does not receive a carer’s pension, the home…
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Building Disputes - Time (Part 2)
Liquidated Damages and the “Prevention Principle” Liquidated damages are a contractual provision that allows the owner to collect a specified amount of money from the contractor for each day that…
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Building Disputes - Time (Part 1)
Time in Building Disputes Time is a critical factor in construction projects. Delays can lead to additional costs, both for the contractor and the owner. As such, construction contracts typically…
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The difference between a Means and Assets test for aged care Pensioners
If you’re moving into an aged care home, you may have to pay a means tested care fee and accommodation costs. The means test will determine the amount you need…
