Coleman Greig Lawyers & Argyle Lawyers Integration – 2 December 2019
- 2 Dec 2019
Coleman Greig Lawyers is delighted to announce an integration with specialist law firm Argyle Lawyers, effective 2 December 2019. The integrated Coleman Greig will now offer expertise in Federal, State and International tax advice, negotiation and risk management, as well as superannuation and trusts.
Purchasing OFF-THE-PLAN Apartments - the right way
- 26 Nov 2019
If you or a client is thinking about purchasing an off-the-plan apartment, you need to read this article written by Lawyer Ashlee Brew and Licensed Conveyancer Barbara Shafton, on how to best handle the common difficulties that often arise when purchasing off-the-plan.
Is your discretionary trust liable for surcharge duty and land tax?
- 25 Nov 2019
There is currently a bill before the NSW parliament that deems all discretionary/family trusts to be ‘foreign persons’. If your trust holds or is likely to hold residential land and it has not been amended to exclude foreign beneficiaries, you should discuss this with Coleman Greig’s Commercial Advice team, as a matter of urgency.
ACCC Report on Franchising Disclosure Practices
- 11 Oct 2019
The ACCC recently released a Disclosure practices in food franchising report, following it, undertaking targeted compliance checks on twelve different franchisors in the food services sector, due to concerns that prospective franchisees were not being provided with adequate disclosure.
New Appointments for Coleman Greig's Professional Team
- 13 Aug 2019
Coleman Greig Lawyers is pleased to announce the recent promotion of seven talented and highly deserving members of Coleman Greig’s professional staff.
Selling Your Franchise or Offloading Your Company Store – Can Your Landlord Block an Assignment of Lease?
- 29 Jul 2019
The case of Bar Machiavelli Pty Ltd provides useful guidance regarding an assignment of lease if you’re thinking of selling your franchise or offloading a company owned store.
CBD-Style Legal Services Now on the Doorstep for Campbelltown-Macarthur Residents
- 23 Jul 2019
Residents and businesses within the Campbelltown-Macarthur region now have access to a wider range of commercial and personal legal services, expertise and support following Coleman Greig Lawyers' opening of offices in the centrally-located Oran Park Podium.
Rental Valuations – Critical in a Time of Tight Credit and Increasing Banking KPIs
- 23 Jul 2019
If you are a landlord that has a property portfolio financed, you can expect that your financier will look closely at rental returns. Consequently, it is critical to carefully consider the basis on which your rent is being determined and the circumstances in which valuations can be challenged.
What Will The Coalition’s First Home Buyer Deposit Scheme Cost You?
- 13 Jun 2019
Australia’s housing affordability problem is complex and requires immediate attention. However, as is generally the case, the pre-election promises of politicians should be taken with a grain of salt – and with this in mind, it is important for the proposed scheme to be carefully examined.
Western Sydney’s Affordable Housing Stress: How do we solve this complex problem?
- 14 May 2019
While Governments throughout Australia have been attempting to tackle the issue of housing affordability for years, the recently released 'Home In Western Sydney Housing Affordability and Homelessness Insights April 2019' report leaves us in no doubt that there is a real need for Western Sydney to put this issue at the forefront.
How the Franchising Senate Committee Report is set to affect the world of Leasing
- 20 Mar 2019
Chapter 20 of the Parliamentary Joint Committee on Corporations and Financial Services' Report looks at leasing, and examines the impact of increased rental costs, disclosure of lease arrangements to franchisees, and franchisee rights as sub-lessees or licensees of the franchisor. In this piece, Commercial Property and Franchising lawyer Andrew Grima looks at the committee's observations, and recommendations with regard to leasing.
Western Sydney’s Aerotropolis set to change the face of retail leasing
- 15 Mar 2019
As we draw closer to the construction of Sydney's second airport, Coleman Greig has continued to pay close attention to what will eventually become of the 11,200 hectares known as the Badgerys Creek Aerotropolis. One point obvious at present is that this upcoming residential and business hub is set to change the face of retail leasing within the Western Sydney region.
Changes to the Retirement Village legislation – a precursor to the Royal Commission into Aged Care
- 8 Feb 2019
In November 2018, the NSW parliament passed a bill which is set to amend the Retirement Villages Act 1999 No 81. These changes were made as a result of the initial inquiry into the retirement village sector, and aim to both extend the rights of residents and increase transparency with regard to village operators.
End of Year Leasing Health Check for Franchise Tenancies
- 12 Dec 2018
It's that time of year again, where many of us start to wind down (or in some cases, wind up prior to the Christmas deadlines) and start thinking about whether our house is in order. As such, Coleman Greig would like to remind you of some of the common pitfalls that we often see in our leasing practice, particularly within the world of franchising.
Electronic Conveyancing in NSW – what’s the latest?
- 9 Nov 2018
Despite some initial resistance and teething problems, most practitioners in the wider community have been part of a general push towards e-conveyancing, as the 'word on the street' is that all transactions will be required to take place on the e-platform by 1 July 2019.
How is the Financial Services Royal Commission set to effect the Australian property market?
- 18 Oct 2018
Although the wheels are still in motion and we are yet to see the final product, the Financial Services Royal Commission is already forcing changes within the banking industry which are likely to significantly slow lending, and which have already caused a drop in the value of Australian property.
New GST Withholding Regime on supplies of Residential and Potential Residential Land
- 16 Jul 2018
From 1 July 2018, purchasers of new residential premises or potential new residential land must pay the GST component of the purchase price directly to the ATO either on, or before settlement.
Changes to the Australian Accounting Standard Affecting Franchisees & Franchisors: Bringing Leases Onto Your Balance Sheet
- 28 Jun 2018
As of 1 January 2019, the Australian Accounting Standards Board (AASB) will introduce a new leasing standard requiring Australian businesses to bring operating leases onto their balance sheets.
The Rise of Childcare Centres and Associated Investment Opportunities
- 7 Jun 2018
An ongoing need for childcare centres has led to a significant boom within the industry, and has seen savvy investors buying up childcare facilities and seeing notable financial returns.
Online shopping wreaking havoc on brick & mortar retailers – Can you seek relief?
- 28 Mar 2018
As people continue to move towards online shopping for a variety of goods and services including (but far from limited to) clothing, footwear, accessories, jewellery and toys – traditional shopping centres have been forced to re-vamp their footprint in the creation of a broader food and leisure experience.
Calculating and comparing Retirement Village contracts made easier!
- 22 Feb 2018
As an increasing number of Australians move into retirement villages, or 'Over 55 Lifestyle Estates', it is important to take a close look into issues that can arise during the research phase, as well as the complexities involved in this type of move. This process has now been made a lot easier with NSW Fair Trading's introduction of an online calculator set to assist older Australians in deciding which retirement village home is right for you.
It’s Spring – Time to give your leasing documentation a review!
- 17 Oct 2017
As your lawyer, I suggest that you should see this Spring season as an opportunity to review your legal documentation, if you haven’t done so already - before you get busy in the lead up to Christmas.
Key Changes to the Retail Leases Act – 1 July 2017
- 8 Aug 2017
On 1 July 2017, several key changes were made to the Retail Leases Act in New South Wales that effect both landlords and tenants around the state. These changes have been in draft form for a substantial amount of time, and so it was no surprise when the legislation came into effect.
Plain English Guide to Strata Schemes
- 19 Jul 2017
Anyone involved in property ownership, whether of a place they live in, of a commercial property, or as an investor, should be aware of the ins and outs of strata schemes. The following information provides an overview of what you need to know.
They want to renovate or demolish the premise that I’m leasing?!
- 10 Jul 2017
A guide for franchisees to navigate you through a relocation or demolition clauses in a retail lease.
Coleman Greig joins international network of law firms
- 8 May 2017
Coleman Greig is excited to announce that we have become the only Australian law firm to become a member of First Law International (FLI), a global network of over 75 independent full-service, high quality law firms.
The lowdown on options in leasing
- 11 Apr 2017
As part of the process of leasing a premises for your business, you may have heard about options in leasing but do you actually know what they are and how they can impact a lease?
Hot off the press - Retail Leases Amendment (Review) Act 2017. How will it impact franchising?
- 5 Apr 2017
Franchising and leasing are intertwined. Amendments to the Retail Leases will have significant implications for both franchisors and franchisees.
The Courts shaping Security of Payments
- 16 Mar 2017
Is a reference date a precondition to the making of a valid payment claim? The recent High Court decisions for Southern Han Breakfast Point Pty Ltd (in Liquidation) v Lewence Construction Pty Ltd  HCA 52 sheds some light.
Franchisors need to think through redecoration and fit-out obligations
- 21 Feb 2017
Can a franchisor compel franchisees to pay for costly store fit outs and renovations of stores?
Legislative Report defends Airbnb!
- 1 Feb 2017
Chances are, if you haven’t heard of Airbnb by now, you’re well overdue for a holiday. The short-term rental accommodation platform sounds straightforward but it’s not as complication free as it appears, largely because no-one is quite sure where Airbnb sits at the moment in regards to property legislation.
Big changes underway due to loose-fill asbestos insulation!
- 15 Mar 2016
The NSW Government is currently running a Voluntary Purchase and Demolition Program for homes and commercial properties affected by loose-fill asbestos insulation. During the 1960s and 1970s loose-fill asbestos insulation was sold as ceiling insulation. An ACT-based company known as 'Mr Fluffy', installed this insulation in approximately 1000 homes in the ACT and NSW.
The Lowdown on what Tenants need to know when Leasing a Premises
- 27 Jul 2015
Leasing premises is a major investment decision for anyone with a business. It can be complex and fraught with potential problems, not the least of which is the prospect of losing a business should something go wrong! When you consider that one of your most important business assets is your lease, as a tenant it becomes critical that you understand the implications of a lease and your rights and obligations.
Plain English Guide to Commercial, Industrial and Retail Leasing
- 1 Jul 2015
Leasing premises is a major investment decision, whether you are a landlord or tenant. What many people don’t understand, however, is how complex a commercial lease can be and how it can be fraught with potential problems.
Plain English Guide to Protecting Your Interest in a Property
- 1 Jul 2015
When you purchase real estate with a partner or spouse there are two ways in which your ownership of the property may be described: you can hold the property either as joint tenants, or as tenants in common.
Beware! Recent Developments to Security of Payment Act NSW Claims
- 18 Jun 2015
There are a couple of important lessons to learn from the recent case of Patrick Stevedores Operations No.2 Pty Ltd v McConnell Dowell Constructors (Aust) Pty Ltd , where the Supreme Court explored two very important features of the Security of Payments Act (SOPA) legislation in NSW.
Commercial Leases - I feel a need for security!
- 28 Apr 2015
A major issue of discussion in many leasing transactions is security – a landlord’s need and desire for as much as possible versus the tenant’s need and desire to provide as little as possible.
The Perils of Concrete – what do we do about a hard stand when ending a lease?
- 24 Mar 2015
The person who is left to remove that hard stand area is faced with a big expense and the removal may lead to the unveiling of contamination that has been hidden.
Changes to the Home Building Act are now in force
- 23 Mar 2015
Whether you are a builder or endeavouring to embark on your own home construction or renovations, ensure that you are on top of the new requirements under the Act.
Changes to the NSW Home Building Act - How it Affects You!
- 12 Mar 2015
In mid-2014, the NSW Parliament passed the Home Building Amendment Bill 2014 with most of the amendments starting on 15 January 2015.
Leaving a Retirement Village - The obligations of both the village operator and yourself
- 17 Feb 2015
It is important to understand the financial implications that come with departing a retirement village. Find out more about departure fees and charges.