Live Webinar: Vacant Land and Land Banking: Keeping Ahead of the Changes


Date:  Tuesday 7th May 2019 – Online:
Vic, NSW, Qld, ACT, Tas: 3pm to 5pm  
SA & NT 2.30pm to 4.30pm 
WA 1pm to 3pm

The uncertain Australian property market means that land banking options and opprtunities are more relevant than ever. 

In addition, there is an increasing Government focus on land banking, with the Federal Government releasing draft legislation which seeks to discourage or at least modify the practice. From 1 July 2019, the proposed legislation will significantly limit deductions for expenses associated with holding vacant land. However, the proposed amendments do not apply to all entities and there are a number of exceptions that advisers need to consider. This session surveys the current tax and duty issues for vacant land and land banking, with a focus on the upcoming reforms. It covers:

  • Land banking – what is it and why do it?
  • Consideration of the general tax and GST framework
  • Budget 2018/19: denial of deductions for costs associated with holding vacant land
  • Treasury Laws Amendment (Measures for a later sitting) Bill 2018: Limiting deductions for vacant land:
    • Which entities are caught by the changes?
    • Do the amendments capture all losses and outgoings?
    • How is vacant land defined?
    • Do the amendments apply to a property developer that holds land for the purposes of carrying on a business?
    • Special rules for land containing ‘residential premises’ within the meaning of the GST Act
    • Denial of deductions for cost base expenses included in the cost base
    • Planning and structuring opportunities and restrictions
  • Is an enterprise being carried on for GST purposes while land is banked?
    • Why is this important
    • Structuring the acquisition and land holdings
  • Land tax imposts:
    • Primary production land - accessing exemptions:
    • when is farm land vacant with no dominant use of primary production?
    • managing mixed zoning land for land tax purposes (Metricon, Leppington Pastoral)
  • Annual vacancy fee (Cth)
  • Vacant residential land tax (Vic)
  • Practical case studies
Our presenter

David Marschke, DBM Horizons, Queensland

David is a specialist tax law adviser as well as being a qualified Chartered Accountant and Registered Tax Agent. David acts for listed and private corporate groups and high net worth individuals in all areas of tax law including tax effective restructuring and reorganisation, taxation of financial arrangements, tax consolidations (including the preparation of tax sharing and tax funding agreements), capital gains tax, international tax issues, employee share schemes, GST, payroll tax and stamp duty issues.

He has significant expertise advising on the complex rules dealing with the taxation of trusts and the interaction with trust law.

David’s tax expertise spans a wide range of industries and sectors including property development, investment funds, professional services, technology and intellectual property.

David has significant experience dealing with capital raising and capital management issues including restructuring for IPOs, rights issues, financial instruments and hybrid securities, share buybacks, and capital reductions. David has been involved in a wide range of M&A transactions acting for listed and unlisted groups as well as private equity transactions.

David has been recommended as a Leading Tax Lawyer – Queensland in Doyles Guide 2016.


This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.


Live webinar delegates will receive a CPD certificate for attendance at this webinar.  Accountants can claim up to 2 CPD/Training hours.  Lawyers can claim up to 2 CPD units/points – substantive law.  This webinar has been designed to run for 2 hours, however, webinar lengths can vary depending on the level of questions and discussion, and the minimum length of the webinar is 1.5 hour.

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email:

Attending a TEN webinar couldn’t be easier. Basically it’s just like attending a seminar except that you don’t have to leave the comfort of your office or home. You just need to be available at the appointed date and time with your computer and internet connection.

Once you’ve registered for the webinar, we send you a link so that you can login to the webinar from your computer. The speaker delivers the session from their computer in real time. Just like a live seminar, you can ask questions of the speaker. You simply type your question into the question box and the speaker responds to it during question time.
At the end of the webinar session we send you a certificate to confirm your attendance and the number of CPD hours you earned.

You will need a computer with sound, an internet connection and earphones if you need to participate in the webinar in an open office environment (so you don’t disrupt those around you).

Product Code: RBDMAY19
 Price:   $264.00 (Inclusive of GST)
© 2019 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.