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Beware the stamp duty pitfalls of nominee clauses and resulting trust exemptions – discussion of the Victorian case of Hartman
Insight 11 Mar 2022

The recent Victorian case of Hartman1 demonstrates the potential stamp duty dangers of relying on nominee clauses in transactions involving land (or other dutiable property). The VCAT decision highlights the importance of settling, if possible, on the identity of the ultimate transferee prior to execution of a contract and, above all, the need for developers and other purchasers of land to seek advice before relying on a nominee clause or otherwise seeking to transfer title to a third party. ...

Overview of Australia's foreign investment approval (FIRB) regime
Other

Significant changes to Australia's foreign investment approval (FIRB) regime came into effect last year. This guide provides up-to-date information you need to know about how the new FIRB regime operates. ...

LOGOS consortium completes landmark $1.67 billion acquisition of the warehousing and property components of Qube's Moorebank Logistics Park
News 15 Dec 2021

Moorebank Logistics Park is Australia’s largest intermodal freight facility, offering unparalleled industrial warehousing opportunities and rail-to-port connectivity. The site includes approximatel ...

Are diversification leases the answer?
Insight 14 Dec 2021

The WA Government has proposed to introduce a new form of non-exclusive land tenure. These proposed diversification leases would be suitable for hydrogen and other renewable energy projects. ...

Allens advises on Centres for National Resilience in Queensland and Western Australia
News 03 Nov 2021

As head contractor, Multiplex is responsible for delivering a new purpose-built centre to support Australia's response to the current pandemic and any future pandemics, natural disasters or similar ...

New changes aim to improve cash flow for suppliers to government post COVID-19
Insight 11 Oct 2021

Businesses supplying goods or services to the Federal Government need to be aware that they may need to modify their procurement processes to support shorter subcontractor payment time periods, under recent changes to federal procurement policies. ...

Allens expands infrastructure expertise with appointment of new partner
News 05 Oct 2021

Kip specialises in construction and major projects across the infrastructure, property and energy and resources sectors. She has advised a broad range of clients on various aspects of project ...

Key changes to COVID-19 commercial tenancy protections: what do landlords need to know?
Insight 27 Aug 2021

NSW's retail and commercial leasing regulations have been amended, now requiring (in addition to the protections under the original regulations) landlords not to increase rent, and to renegotiate rent and other lease terms, before taking enforcement action against eligible impacted tenants ...

Commissioner victorious in taxing cross-border trust distributions of capital gains
Insight 04 Aug 2021

The Full Federal Court has confirmed a controversial view held by the Commissioner of Taxation (the Commissioner) on the taxation of capital gains from non-taxable Australian property made by Australian resident discretionary trusts that are distributed to foreign resident beneficiaries. ...

Allens strengthens energy practice with appointment of new partner
News 26 Jul 2021

Allens has appointed Louis Chiam as a Partner in the firm's Projects and Development practice in Melbourne. ...

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