Some More Construction Issues, Plus Solutions

A FEW WEEKS AGO now, we addressed several construction issues that can arise. And today we will continue to outline a few more.

Hard Dollar Competitive Tenders

You may have heard of the term 'hard-dollar competitive tenders' and wondered what it means.

Continue Reading

Commercial Property Should Regain Some Normality

SEVERAL RECENT ARTICLES in the Financial Review have flagged a slowdown in Asian money flowing into the Australian property market.

And that is principally as a result of China clamping down on capital movements out of the country.

Continue Reading

Common Construction Problems

EVERY INDUSTRY has its issues and the construction game is no different. As with all issues, you simply have to know they exist, understand the various fixes and plan accordingly.

Continue Reading

Changes to FIRB Requirements

THE FOREIGN INVESTMENT Review Board's (FIRB) reluctance to prosecute non-complying foreign investors, and the public criticism that this has received, has led to the introduction of stricter foreign investment laws by the Australian Government.

These changes will apply from 1 December 2015.

Continue Reading

Depreciation Can Be Rather Accommodating

MORE AND MORE, Baby-Boomer investors are showing an interest in what is called "Traveller" accommodation.

Owners of income producing properties can generally claim both capital works and plant and equipment deductions. However when claiming for traveller accommodation, it's even more important to seek advice from a Quantity Surveyor.

Continue Reading

You Can Write-off Up to $20,000 Immediately

THESE TYPE OF DEDUCTIONS mean an immediate improvement in your profit.

As part of the May 2015 federal budget, the Australian Government announced that small businesses with an aggregated turnover of under $2 million would be entitled to claim a $20,000 instant asset write-off.

Continue Reading

“U Can’t Touch This”

MC HAMMER'S HIT SONG of the early 90's resonates when thinking about the main reasons people resist investing into their superannuation.

Continue Reading

New Tax Ruling 2015/2

THE AUSTRALIAN TAXATION OFFICE has released a new tax ruling effective from the 1st of July 2015.

Replacing Tax Ruling 2014/4, Tax Ruling 2015/2 outlines the effective lives for all assets when calculating depreciation deductions for plant and equipment items.

Continue Reading

Who Should Be Running Your Building Project?

THERE ARE A NUMBER of ways to build (or renovate) the space you need; each method has unique attributes, techniques, advantages and disadvantages. Your decision as to which professionals you use will be determined by your business plan.

Continue Reading

CBD Office Markets: June 2015

A DETAILED SURVEY on the current state of the CBD Office markets by Jones Lang LaSalle was recently reported in the Australian Financial Review (16 July 2015).

And as you can see from the table below, there are now significant disparities among the CBD Office markets around Australia.

Continue Reading

Commercial Property Investing: 5 Golden Rules

Golden-RulesWITH THE PROPER guidance, Commercial property will prove to be a very rewarding investment — and in different ways.

However, there are several Golden Rules you really should keep in mind. [Read more…]