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In Western Australia, the Council of the Strata Company is a key body elected by property owners during the annual general meeting (AGM). This council plays a crucial role in the governance and management of the strata scheme, ensuring its smooth and effective operation. Composition of the Council The number of council members can vary depending on the size and complexity of the strata scheme....

Selling your family home is a big decision, and it's natural to have questions about the potential tax implications. Homeowners in Australia enjoy what is called “main residence exemption”, which shields your home from capital gains tax (CGT) when you sell. However, the rules can be a bit tricky. Think of the main residence exemption as a way for the Australian Taxation Office...

Australian dwelling values increased a further 0.7% in June, taking growth to 8% across the financial year ending June 30. The CoreLogic data suggests the median average value increase for every Australian property was $59,000. The average price of a home – any residence, be it a house, apartment or duplex – is now $794,000. The analysis of the financial year contrasts with the...