• Massive Changes to Real Estate Legislation across Australia! | Jared Zak

  • Nov 4 2024
  • Length: 31 mins
  • Podcast

Massive Changes to Real Estate Legislation across Australia! | Jared Zak

  • Summary

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    00:00 – How to legally hide the sale price (and why would you want to)
    09:54 – Can you show a property without a contract?
    12:49 – Massive changes to contracts in QLD starting 1 Aug 2025. This is the biggest change in QLD in the last decade.
    17:30 – Stamp Duty reform in VIC
    22:41 – NSW will be banning no-fault terminations of residential leases as of 2025

    Key takeaways:

    1. There’s always been a way to conceal the identities of the buyer and sell and that's through companies and trusts. “What I've worked out - at least with the New South Wales Land Registry - is how to conceal the price." - Jared Zak

    2. New regulations in Queensland will impose significant liability on whoever drafts property contracts. This means buyers will potentially be able to rescind right up until settlement.

    3. Victoria's new stamp duty concession is not just for first-time homebuyers, it's for everyone, including investors regardless of sale price.

    4. From 2025, the New South Wales Government will ban no-fault termination of residential leases. This is in line with other states' trends, putting more pressure on landlords.


    Jared Zak is the Principal Solicitor & Founder of Dott & Crossitt. He has around 20 years of experience in law and finance. Connect with Jared Zak

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