Word, Definition & Meaning

Plan of Subdivision – Common terms

The following is a list of terms used in relation to plans of subdivision:

  • PS – Plan of Subdivision
  • LP – Lodged Plan
  • RP – Registered Plan
  • SP – Strata Plan
  • CS – Cluster Subdivision
  • PC – Plan of Consolidation
  • CP – Plan of Consolidation



Car Registration

To drive a vehicle on public roads in Victoria, it must be registered. The registration (rego) can be from a period of 3, 6 or 12 months.

 

In 2014 VicRoads has stop printing the majority printing of Registration Sticker. This changed has resulted in driver driving unregistered vehicles, resulting in fine, penalty, toll, lock, or being stop by law enforcement (Police!).

To prevent you from headache, our office is able to print & produce and give you a “Car Registration” sticker to serve as a reminder of when your registration is expired and to help support.

For only $2 gold coin you will be able to pick up your sticker within 24 hours of order.

Order for your family 3 vehicles for one note of $5.

If you would like to your order to be mailed to your postal address (subject to stamp fee), $1.

Need to be reminded via Mobile Phone Text Message SMS before your vehicle expire? For only $1 you will be reminded before it is expired before expire date.

Our primary service is to provide you with Registration Reminder Sticker. Any other service listed below we can only provide to you on a quota basis.

If you require your registration to be made on your behalf for any reason, for example:

  • The nearest VicRoad is too far;
  • You don’t know how to use online internet payment;
  • You have cash;
  • You have a cheque;

The fee will be $5.

If you have financial difficulties, for example:

  • Your salary won’t come until next week;
  • Too many bills within short period;
  • Unexpected spending;
  • Short of finance.

We may able to help cover your bills until you are able to source income. There will be an administration fee.

 




Souvenir & Memorabilia Keepsake

Welcome to the digital age, where everything is internet, mobile phone and email. Moving and following this age, we lose our sense of time and may even lose certain joy and memories.

Like photograph that we use to print, share and talk about in our album, we sometime don’t keep bigger items that should be keep. One such example is your home, one that you work hard for, strive to own your very own property and live the Australian living standards.

To bring back to these fond times where we are still able to reminiscence the joy of that physical touch, that being at the right time and right moment. Capture and recapture that feeling once again by having one more keepsake to hold for your family.

Sometime a photo is more than just monetary value, but a keepsake for your family.

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Wills, Probates & Inheritance

What is a Will?

A will takes effect when you die. It can cover things like how your assets will be shared, who will look after your children if they are still young, what trusts you want established, how much money you’d like donated to charities and even instructions about your funeral.

Why make a Will?

Your life is an accumulation of experience, bond and investment. These are build up in term of family, assets and security; home, car, superannuation, rare metal, insurance, jewelery, insurance, boat and other investments.

Making a Will is the only way to be certain that these lifetime’s work is passed on to the people you love and care for. It provide security, responsibility and lessen the difficulties upon your death.

The Will not only apply in term of physical asset but may also allow you to nominate the guardians for your children who are still a minor (18 years old) so that their education and well being is maintain.

Why is a Will important?

Making a Will is a highly specialised task, often with complex financial, legal and tax implications that need to be considered to ensure that your  estate is distributed as you wish.

Who will be your Power of Attorney?

Our legal department will be able to provide you the the necessary time to manage your affairs, including the legal, accounting and taxation matters; the Power of Attorney or Executor will be;

  • maintaining the Will;
  • ascertaining and securing assets;
  • proving the Will in court;
  • discharge debts;
  • establishing trusts;
  • attending to income tax returns and capital gains tax issues;
  • and distributing and transferring assets according to the terms of the Will.

Where should I keep my Will?

Your Will is a valuable document, just like your home’s Title, Australian Citizenship or Birth Certificate and should be kept in a safe place. We are able to retained your documents in a secure location.

Important to be note:

Keep your will valid and up to date as your legal rights change, specifically if you marry, divorce or separate; have children or grandchildren; if your spouse or beneficiaries die; or if you have a significant change in financial circumstances.

Your legal and financial housekeeping

Once your paperwork is in order, it will help your executor and family if you list the legal documents you have and where they are kept.

Keeping a record of your personal information and notes on how your legal documents, assets and investments are arranged can also help you.

Here is a list of key documents to keep:

  • Birth certificate
  • Marriage certificate
  • Will
  • Enduring power of attorney
  • Advance healthcare directive (also called a living will)
  • Personal insurance policies
  • House deeds or Title
  • Home and contents insurance
  • Deeds and insurance policies for any other real estate you own
  • Bank account details
  • Superannuation papers
  • Investment documents (securities, share certificates, bonds)
  • Medicare card
  • Medical insurance details
  • Pensioner concession card
  • Any pre-payments of funeral investments



Safe Storage Facility

Why Use Safe Storage Facility?

To protect and prevent your important and valuable items from being lost, stolen or damage. Storage facility service provide assurance for further headache, worry or identify fraud.

  • Safe – Fire and water prevention.
  • Security – Off site from your home or office.
  • Monitor – On site monitoring of the storage with our staff and/or camera security.
  • Online Retrieval – Can retrieve a digital scan copy of your document online (via Internet) with our internet portal.
  • Offline Retrieval – At any time you require you documents to be return. Make an appointment with us for it retrieval.
  • Space, size and location – Reduce your needs for cabinet, cupboard, drawer. Our facility is delicate to provide space.

What Can Be Stored?

  • Certificate of Title;
  • Passport;
  • Citizenship;
  • Birth Certificate;
  • Driver License (We recommend a Copy Only as Driver License is a primary ID that is frequently used);
  • Tax File;
  • Company Private USB Digital Key;
  • Harddrive / HDD / Computer Storage / USB Stick; Memory Card; Backup;
  • Cheque Book or Cheque;
  • Wills;
  • Marriage Certificates;
  • Others: photos, letters, negatives, personal items.

Who can use our service?

Our storage facility is catered for bulk storage for businesses such as Solicitors, Barrister, Lawyers, Conveyancer and Mortgagor.

We do accept individual who require to use our storage facility to hold their own important documents however conditions apply.

Do you require extra service?

  • Hand delivery and pickup.
  • I.T support.
  • Handover to your client.
  • Insurance.

What we do not stored?

  • Fire Arms; Ammunition;
  • Explosive;
  • Fraudulent Identification.
  • Any individual item that is larger than 1500cm3

Do you need to store your asset?

Our service is specialized in supporting businesses however individual who required to store other form of asset can use our Vault services. We recommend you to use the other Safety Deposit box or Vault such as as the Bank (ANZ, Commonwealth Bank, Westpac, NAB, etc.) However, the wait times for individual to have access to this services are dependent on availability. Wait time could be at 2 years minimum waiting.

Alternatively, you can rent out one of our Vault facility which is stored offsite from our Safe Storage facility. Items that you can stored in our Vault are as follow:

  • Gold, Silver or any other form of rare metals;
  • Jewellery;
  • Cash;
  • Heirlooms;
  • Bank/Credit/Debit Card.

Contact us for consultant on how we can storage your valuable documents or asset.




Oceantralian’s Buying First Property

Buying


In-confidential

Disclaimer: This article does not constitute legal advice and should not be relied upon as such. It is intended only to provide a summary and general overview based on update, change and news within the industry.




Motor vehicle duty revenue rulings

As a result of changes announced in the Victorian Government’s 2019-20 Budget and made by the State Taxation Acts Amendment Act 2019, two of the State Revenue Victoria Australia (SRO) existing motor vehicle duty revenue rulings relating to licensed motor car traders (LMCTs) have been reissued following a period of public consultation:

  • DA-034v2 replaces
    DA-034 to take into account the exemption from motor vehicle duty on
    the registration or transfer of a service demonstrator vehicle on or
    after 1 July 2019.
  • DA-035v2 replaces DA-035 to take into account:
    • the exemption from motor vehicle duty on the registration or
      transfer of a service demonstrator vehicle on or after 1 July 2019, and
    • the change in the rate of motor vehicle duty payable on a statement of change in use of a motor vehicle.



First Home Owner Grant

Receive up to $20,000 to purchase your property.




First Home Buyer

Are you buying your first home? Get up to $31,000 in tax (stamp duties) saving.