Property lawyers naturally focus on the transaction right in front of them. However, revenue authorities frequently look at the transaction that came before it. When advising on a stamp duty exemption or concession, considering the current transaction in isolation is a high-risk approach. You must always investigate the historical transactions upon which the present exemption...

  In the rapidly evolving landscape of AML/CTF compliance, a visual decision tree is often a practitioner’s best friend. It simplifies complex legislative requirements into actionable steps. However, as our recent internal audit in June 2026 highlighted, even the most intuitive diagrams require constant refinement to stay aligned with the latest AUSTRAC guidance and the...

For decades, the Australian "Great Dream" of home ownership has slowly transformed into a complex national crisis. While politicians of all stripes regularly offer "solutions," independent economist Saul Eslake argues that the reason the problem persists is far more cynical than a lack of policy ideas. The reality, as Eslake suggests in a recent interview,...

Recent data from the State Revenue Office (SRO) of Victoria signals a hardening regulatory environment for first home buyers. As the SRO increases its scrutiny of support schemes, a growing number of purchasers are finding themselves on the wrong side of strict eligibility and residency requirements, facing significant financial exposure. For property purchasers, the takeaway...

  Vacant Residential Land Tax in Victoria – The SRO’s “Data Model”: How the Tax Is Really Enforced In a previous post, I explored how Vacant Residential Land Tax (VRLT) operates under the Land Tax Act 2005 (Vic)—particularly the statutory concepts of “residential land” and “vacancy”. This follow-up focuses on something practitioners increasingly encounter in...

By Brett Hayton | Hayton Kosky — Property, Commercial & Estate Planning Lawyers, Bentleigh Stamp duty, formally known as land transfer duty, represents one of the most significant transaction costs when purchasing property in Victoria. For instance, a property purchased at $800,000 can incur duty exceeding $43,000 at the standard rate. However, a surprisingly large number of property...