Category: Land Development
Update on 30% Minimum Tax on Discretionary Trusts
Nathan ScottDirectorCommercial and Succession Planning Update on 30% Minimum Tax on Discretionary Trusts The Federal Government has now released its draft legislation to implement the proposed 30% minimum tax on discretionary trusts. Announced as part of the 2026–27 Federal Budget, the reforms are proposed to commence from 1 July 2028 and represent the most significant ...
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Your life isn’t a template. Your Will shouldn’t be either.
During September, many Australians will see advertisements promoting free or discounted online Will services as part of campaigns like ‘Include a Charity Week’. While encouraging people to make a Will and consider charitable giving is undoubtedly a good thing, we believe there is an important conversation missing from the marketing. A Will is one of ...
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The “Bank of Mum and Dad”. What does it mean for your Will?
Have you helped one child more than another, perhaps with a home deposit, education costs or a business? If so, your Will may no longer deliver the outcome you intend. The “Bank of Mum and Dad” now plays a major role in helping adult children enter the property market and manage other significant costs. While that support is usually given with the best intentions, it can raise difficult questions when preparing or ...
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Investing in Regional People, Strengthening Communities
BECK LEGAL COMMUNITY FUND Beck Legal is proud to support La Trobe University’s Regional Pathways Program, an initiative helping regional secondary students build confidence, strengthen their study skills and prepare for the transition to tertiary education. Delivered through local coordinators and working with regional secondary schools, the program provides students at end of Year 11 and throughout year 12 practical support as ...
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Right To Work From Home (WFH) Bill – The Future of Work in Victoria
EMPLOYMENT LAW SERIES The new Equal Opportunity Amendment (Work From Home) Bill is proposed legislation that would give Victorian employees a new statutory right to work from home for 2 days a week (for full time eligible employees, and pro rata for others) if it is reasonable to do so. If the bill is passed, ...
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Why is your lawyer asking for ID?
New laws are changing the way some legal services are delivered. Here’s what you need to know. From 1 July 2026, new Australian laws require law firms to carry out identity checks and collect certain information before providing some legal services. These changes are part of Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) reforms. Their ...
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Celebrating Connection at Beck Legal’s Be.Bendigo After 5 Event
We were thrilled to open the doors after hours of our Bendigo office last week for June’s Be.Bendigo After 5 networking event, welcoming 80 professionals from across our local business community. Guests were welcomed by Beck Legal Senior Associate and 2025 Young Professional Award Winner Shaun Stephenson, alongside Be.Bendigo’s CEO Hayley Tibbett, who officially kicked ...
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Federal Government Bans SMSF Borrowing for Residential Property
Daniel ColeManaging DirectorCommercial and Succession Planning The Federal Government today announced further changes impacting residential property investors by declaring that self-managed superannuation funds (SMSF) will no longer be permitted to acquire residential property that are subject to borrowings by banning SMSF’s from borrowing to purchase residential property. Prior to this announcement the Superannuation Industry ...
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Have 100 Points of Identification Ready Before You Need It
Many people are surprised to learn that proving their identity can become a significant hurdle when dealing with legal, financial, or property matters. With the introduction of stronger Anti-Money Laundering (AML) requirements across Australia, having sufficient identification is becoming increasingly important. AML laws are designed to prevent fraud, identity theft, money laundering and other financial crimes. These requirements ...
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Budget Announcement and Further Changes
Daniel ColeManaging DirectorCommercial and Succession Planning The Federal Government has announced two major concessions to its proposed tax changes anticipated to commence from 1 July 2027; the first being that small businesses turning over up to $10 million would be eligible for a 50 percent concession on capital gains when selling CGT ‘active assets’, this ...
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