by Tiffany Mechkaroff | Jan 10, 2022 | Property Development, Property Law
As most of us have tried to enjoy that break that we deserved so much more this year than any other we are overflowing with appreciation for the dedication of the KKI crew who put our clients first. And to be honest this was a year where it was the well being of staff...
by Tiffany Mechkaroff | Nov 10, 2021 | Property Development, Property Law
The Victorian Government recently introduced a new Homebuyer Fund, being a $500 million shared equity scheme to address the housing affordability issue and assist Victorian’s to buy a home. Under the scheme, ‘eligible homebuyers’ will receive: up to 25% contribution...
by Tiffany Mechkaroff | Nov 7, 2021 | Property Development, Property Law
“I have never been one to increase a tax simply for the thrill of it”. These are the words of Tim Pallas. Yet, I recently felt intrigued to spend some time analysing the new property taxes which have been introduced since the Andrew’s Labour government was elected in...
by Tiffany Mechkaroff | Oct 19, 2021 | Property Development, Property Law
We are often asked by our developer clients about the benefits of interposing a developer entity between a land owning entity and purchasers in a development. There are many benefits of using a developer entity in development projects. Under this commonly used...
by Tiffany Mechkaroff | Sep 15, 2021 | Building & Construction, Property Development, Property Law
A recent State Government announcement revealed that due to recently observed COVID-19 impacts on the construction industry, the Industry Enforcement and Engagement Operation and Building Authority and Worksafe bodies will be conducting a 4-week long compliance blitz...
by Tiffany Mechkaroff | Sep 13, 2021 | Property Development, Property Law
The State Revenue Office of Victoria (SRO) has released a new revenue ruling (DA-064), which attempts to clarify the meaning of ‘land development’ in the context of developers nominating their ultimate purchasing entity and the risk of triggering additional stamp...
by Tiffany Mechkaroff | Jul 20, 2021 | Property Development, Property Law
Many Vendors, including Developers, agree to accept payment of Deposit monies days or weeks after a Contract has been signed. So can a Vendor recover monies from a Purchaser who has ‘cooled off’ before the Deposit has been paid? A recent Supreme Court Case, Leahy v...
by Tiffany Mechkaroff | Jul 19, 2021 | Commercial Law, Property Development, Property Law
So much has been written lately about the ‘new normal’ working environment in response to 5 lockdowns and months of working from home. The Age on Saturday July 17 published a well-researched piece with a headline that “The 5 day office week and commute is truly...
by Tiffany Mechkaroff | Jun 3, 2021 | Property Development, Property Law
The Victorian government’s handing down of the 2021 budget has suggested that those who have profited from the COVID-19 pandemic will be punished, with Victorian Treasurer, Mr Tim Pallas, stating that the 2021 budget will “increase taxes on top-end property owners who...
by Tiffany Mechkaroff | Mar 16, 2021 | Property Development, Property Law
Shopping for an Owners Corporation Manager is the easy part. It is the juggling act of maintaining your vision as a Developer whilst continuing to act in the best interests of the Owners Corporation that can at times prove challenging. In an attempt to create further...
by Tiffany Mechkaroff | Mar 1, 2021 | Commercial Law, Property Development, Property Law
After nearly a year of working from home, returning 50% (and now 75%) of staff to offices is confusing. Do we want to go back to our offices? Do we work better at home? Do we need our offices? Will the value of offices and bricks and mortar property be devalued? New...
by Tiffany Mechkaroff | Feb 18, 2021 | Property Development, Property Law
With the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (‘Regulations’) due to end on 28 March 2021, Landlords and Tenants are faced with interesting issues. Rent relief agreements Many Landlords and Tenants have negotiated...