In May 2021, the Victorian government announced the introduction of a new Windfall Gains Tax (“WGT”). This is a new tax on a windfall that a landowner is considered to have benefitted as a result of the government’s rezoning decisions....
When it comes to building and property renovations, it is easy to overlook the technical nitty-gritty, and often just plain boring details of building contracts which often gets lost in the process of designing or picking out retro-chic furniture for your new property....
