As we dive into another tax year, it’s essential to stay up-to-date with key ATO deadlines. This helps ensure compliance and prevents any last-minute scrambles. Let’s explore the important tax cutoffs for individuals and businesses in 2024. Important Dates for Individuals: May 15, 2024 – Tax Agent Lodgement Deadline: Tax agents have until May 15 to submit returns for the 2023 financial year electronically, giving them enough time for careful review. June 30, 2024 – End of Financial Year: June 30 marks the end of the financial year. Getting your tax depreciation schedule invoice before this da ..read more

Safety reports play a pivotal role in the strata industry, especially in New South Wales, where stringent regulations and standards safeguard workplace and occupant safety. These reports serve as essential tools for assessing, managing, and mitigating risks inherent in buildings. Keep reading to discover our Safety Reports suite of services and how we can support the buildings you manage. Safety Reports Safety Reports are instrumental for owners’ corporations in mitigating and reducing risks within the common property of buildings. Safety Reports offer visual inspectio ..read more

Did you know that on average, each year, up to 10 children are admitted on hospitals after falling from a window in NSW? To remediate that and decrease this statistic, in 2018 the window locks became mandatory as per the Strata Schemes Management Act 2015. In a world full of potential hazards, ensuring that our children are protected is a responsibility we cannot afford to overlook. Among the numerous safety measures, safety lock devices on windows play a crucial role in keeping curious little ones away from harm. However, the effectiveness of these locks’ hinges on their proper installation a ..read more

Building a new development is always a big endeavour and involves many steps and stakeholders. Each stage of the process is full of requirements, documentation, and it’s important to know how the whole process happens so you can plan yourself for the adventure! Obtaining Project Finance So, you have your DA and are in the process of putting together construction certificate documentation. This is the time to start thinking about how you’re going to fund your project. This is where a registered quantity surveyor comes in, and you want one that is on the panel of all the major and minor banks, a ..read more

The NSW Government has remodelled the method for estimating development costs, aiming to simplify and increase transparency. These revisions are based on recommendations outlined in the Independent Commission Against Corruption’s Operation Dasha report, with the goal of improving transparency and mitigating corruption risks. Moving forward, the department will embrace the concept of ‘estimated development cost’ (EDC) across the planning system. This encompasses determining fees for local, regional, and state-significant development projects, as well as selecting planning approval pat ..read more

We’re excited to share the latest development in building legislation: the recent passage of the Building Legislation Amendment Bill 2023. This bill represents a significant stride by the NSW Government towards enhancing standards in the building and construction industry. Here’s a breakdown of the key changes and their implications for industry stakeholders: Residential Apartment Building Act Extend to Houses The bill extends the protective measures outlined in the Residential Apartment Building Act 2020 to residential homes and terraces. This reform empowers the Secretary to investigate, mit ..read more

Building or renovating properties can get tricky, especially with neighbours nearby. Construction and demolition work on one property may indirectly cause damage to a neighbouring property. To avoid any legal disputes later on, it’s advisable to get a Dilapidation Report before starting any work. In this article we will cover everything you need to know about dilapidation reports and how we can assist you. What is a Dilapidation Report? Dilapidation Reports work in two parts, they are undertaken prior to neighbouring works and following completion. They thoroughly document the present state of ..read more

During any phase of a project, if a developer finds themselves in disagreement with their head contractor, they have the option to engage a Quantity Surveyor to prepare an Expert Witness Report for an impartial assessment during litigation. There are several reasons why developers should consider our Quantity Surveyor’s Expert Witness Report. Let’s dive into each one. Objective Evaluation We offer an unbiased and independent quantity surveyor’s evaluation of new building projects, remediation, additions, and alterations of any size and type. Our impartial assessment pr ..read more

Starting December 1, 2023, the Building Commission NSW will assume the responsibility of overseeing the building and construction industry in NSW. Let’s explore the functions and objectives of this recently established commission. What’s The Building Commission NSW? The Building Commission NSW is a newly established building regulatory body that consolidates teams from NSW Fair Trading and the Office of the Building Commissioner. This integration aims to offer a unified and cohesive strategy, ensuring confidence in residential building quality in NSW. Building Industry Capability Through data ..read more

Welcome to our comprehensive guide on all things asbestos, dedicated to Asbestos Awareness Month. Learn more about this renowned yet hazardous mineral and how to handle it safely. Whether you’re a homeowner, a business owner, or a construction professional, this blog post equips you with the knowledge you need to navigate the complexities of asbestos management and ensure a secure living and working environment. What is Asbestos? Asbestos is a naturally existing mineral discovered on the Earth’s surface, renowned for its robust fibers with exceptional durability, fire resistance, and insulatio ..read more