Review of Embedded Networks in Victoria

    The Victorian Government (Government) is progressing on its 2018 election commitment to ban embedded networks in new residential apartment buildings, by releasing an Issues Paper to commence formal stakeholder consultation into this issue. What is an embedded network? Embedded networks are private electricity networks, where electricity is supplied to an area or building through a … Read more

    Victoria – Big Housing Build

    The Victorian Government has announced as part of the Victorian budget for 2020/21, the Big Housing Build, the largest ever investment in public and community housing in Victoria. The Big Housing Build will involve a $5.3b investment in social housing, creating: 9,300 new social housing dwellings; and 2,900 new affordable and market homes for first … Read more

    Changes to FIRB guidelines in relation to lease renewals

    On 29 March 2020 monetary thresholds for acquisitions of leases of land of more than 5 years (including options to renew) by foreign persons were reduced to zero.  This meant that a large volume of leasing transactions which previously did not require approval fell into the Foreign Investment Review Board (FIRB) net.  On 3 September 2020, the FIRB amended these temporary measures to allow renewals and material variations of leases to proceed without approval in some circumstances. The new measures took effect on 4 September 2020. Read more

    Future Cities Series: Real Estate in a Post-Covid World

    There is no doubt that Covid-19 will have a significant and long lasting effect on the real estate sector. The sector will not return to the way it was and we will see the impact of the pandemic permeate all parts of the industry for years to come. It is important for real estate players to pre-empt some of these predicted future trends so that they can be ahead of the game in both taking defensive positions on risk areas and pursuing new opportunities. One thing Covid-19 has shown the world is how quickly things can change and imagination can create possibility for things which were never considered possible before now. Read more

    What is a “reasonable time” for a tenant to remedy a breach of lease?

    Generally, if a landlord intends to terminate a lease due to a tenant’s breach of the lease,  the landlord must first serve a notice (Breach Notice) on the tenant. The landlord must then grant the tenant a “reasonable time” after service of the Breach Notice to remedy the breach, if it is capable of remedy, and pay any money that is required to be paid as compensation to the landlord’s reasonable satisfaction. But what is a "reasonable time" exactly? Read more

    COVID-19: Pressure Points: Real Estate Landlord Tenants Update

    The shockwaves from the outbreak of COVID-19 are being felt right across the Australian economy – and commercial real estate is no different. Tenants and landlords are facing the prospect of a prolonged reduction in business activity, remote working and even total shutdown – none of which were anticipated at the time they signed their lease. The legal implications of this invidious state of affairs have been the subject of both considerable interest and uncertainty. To assist, we have prepared this guide on the key legal issues arising under commercial leases in the COVID-19 environment and what Government measures are presently available for landlords and tenants. Read more

    Overview: The revamped Western Australian Strata Titles Legislation – it’s here

    On 1 May 2020, substantial changes to the Strata Titles Act 1985 (WA) came into effect. Those changes to the Act are included in the Strata Titles Amendment Act 2018 (WA) – which was passed some time ago but has remained inoperative until the corresponding updated regulations were prepared.  The Strata Titles General Regulations 1996 (WA) will be repealed by the Strata Titles (General) Regulations 2019 (WA), also with effect from 1 May 2020. Read more