From 1 July 2017, changes to stamp duty concessions, which reintroduce stamp duty relief for first home buyers of existing properties, are estimated to deliver savings of up to $24,740 for a first home buyer in NSW. http://www.smh.com.au/nsw/premier-gladys-berejiklian-announces-housing-affordability-reforms-20170601-gwi0jn.html
Now that AML/CTF compliance obligations are upon us, what transactions require checks and what transactions are exempt in the property realm?
Anti-money laundering and counter-terrorism financing (AML/CTF) reforms came into effect on 1 July 2026. These checks are a standard legal requirement and apply to many clients and services. For property solicitors and conveyancers, more formal due diligence and...
