MCG QUANTITY SURVEYORS BLOG
Lessons from Freakonomics – Are real estate incentives aligned with the goal of achieving the highest price?
** This article appeared on Property Observer Today ** I’ve recently returned from some time in the United States, and I always find Americans’ service gratuity or ‘tipping’ an interesting contrast to life
Read More »Replacement Cost Estimates for Insurance – Premium vs Peace of Mind
Home insurance is a balance between minimising the cost of the insurance premiums paid, and maximising the peace of mind that comes with knowing you’re adequately insured. Too often home owners focus only
Read More »Tax Depreciation Schedule Inspections – When is an inspection required?
In most instances a Quantity Surveyor will conduct a property inspection when preparing a tax depreciation schedule. Sometimes this is not required, for example – if a property has been built by the
Read More »New effective life legislation from the ATO – TR 2012/2 in effect from 1 July 2012
On the 27th of June 2012, the ATO withdrew the taxation ruling TR 2011/2. This outlined the effective life of all qualifying plant and equipment depreciating assets. The new and excitingly named TR 2012/2 ruling is
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