Preston Rowe Paterson is undertaking valuations for clients to ready them for the changes to superannuation regulations. At issue is the aggregate value of assets held in superannuation funds relative to the introduction of the “transfer payment cap”. These changes in the Superannuation (Excess Balance Tax) Imposition Act 2016, which may lead to a need […]
Read Full Story‘Emerging issues’ Category
How the new legislation may affect your superannuation assets
Posted date: June 19th 2017 . Author AdminSydney .
Changes to the Retail Leases Act 1994
Posted date: June 19th 2017 . Author AdminSydney .
Amendments to the Retail Leases Act 1994 (NSW) will take place, with the intent to increase transparency and certainty of deals made during the negotiation stage, introduce fair protections and increase operational efficiency. Landlords and tenants of retail properties will be affected by these changes, and while some of the following will have impacted both […]
Read Full Story
GDP contracts for the first time in five years
Posted date: December 8th 2016 . Author AdminSydney .
Australia’s growth figures were released yesterday, with the revelation that the economy contracted by 0.5 per cent, in seasonally adjusted terms, over the September quarter. As a result, annual growth figures for the June quarter had also been revised down from the previous 3.1 per cent to 1.8 per cent. September’s figure is not only […]
Read Full Story
Current Economic Impacts – January 2016
Posted date: January 22nd 2016 . Author AdminSydney .
The current global financial market outlook has highlighted some concerning issues that may impact the Australian economy and all sectors of the property industry. On 16th January 2016 the United States and the European Union lifted sanctions against Iran. These sanctions included banking, steel and shipping, which had been in place since 2012. Access to […]
Read Full Story
Australia most likely to feel China’s tightening on international capital transactions
Posted date: January 22nd 2016 . Author AdminSydney .
In a bid to strengthen its current weakening economy, China has begun to tighten its cash controls. The financial move could affect individuals and companies looking to invest in international markets such as the Australian property sector. Although there were no specific changes to China’s foreign investment policy, the Chinese Government has urged banks to […]
Read Full Story