News

Legislative Shifts and Ongoing Obligations As insurance costs continue to rise and legislative frameworks evolve, strata communities across Australia, including Body Corporates (QLD), Strata Companies (WA), and Owners Corporations (NSW, VIC) are under growing pressure to make sure their schemes are adequately insured. While terminology varies by state, these entities share similar responsibilities under their respective legislation. Strata reforms are introduced on a state-by-state basis, so changes may be implemented at different times across the country, the latest updates have been applied in New South Wales. Understanding the nuances of insurance valuation requirements, and the overarching duty to maintain sufficient coverage has never been more critical.

The Melbourne residential market has experienced relatively soft conditions over the last three to four years. You could say Melbourne has experienced the COVID blues. So, where is the Melbourne market now, and where do we see it heading?

The other day, I received a call from a private individual looking to get a valuation completed early in the separation process and without the expert assistance of any lawyers. He asked the usual questions about how we determine property value and seemed satisfied with my explanation. But then he asked something I hadn’t been asked before...

The end of the financial year is a timely opportunity for commercial property owners to review their assets and ensure they’re maximising available tax deductions. One of the most effective, and often underutilised strategies is leveraging a professionally prepared tax depreciation schedule.

Are the stars aligning for a resurgence in agricultural property values?

Acumentis Welcomes Meera De Almaida-John as Chief Financial Officer. We’re pleased to announce the appointment of Meera De Almaida-John as Chief Financial Officer (CFO) of Acumentis, effective 7 July 2025.

Changes to SMSF’s with total balances exceeding $3M are imminent. Are your clients ready for an additional 15% tax? If legislated, starting 1 July 2025, a new Division 296 tax will apply to SMSF members whose total super balances (TSB) exceed $3 million at financial year-end.