Queensland Emergency Operations Centre
Napier & Blakeley are just completing their role as Quantity Surveyors on the new QEOC building at Kedron Park in Brisbane.
This world-class communications centre, the largest emergency operations centre in the southern hemisphere, enables best practice strategic response and planning for daily emergencies and incidents and coordinated disaster management for the Queensland Government.
The building was centre of attention in the recent South East Queensland floods and Cyclone Yasi as it became the broadcast facility for regular bulletins by State Premier Anna Bligh and Prime Minister Julia Gillard. Continue reading
Property Depreciation and Natural Disasters
Over the last 6 months, with the unfortunate spate of different Natural Disasters occurring Napier & Blakeley have been requested from numerous clients what effect does it have on their existing and future capital allowances for their investment properties.
The question arises where funds from a third party such as an insurer pays for capital works.
No Insurance
Where there is no insurance claim, then all demolished capital items may be written off from the date of demolition. All newly installed and refurbished costs may be claimed once works have been completed.
Tip – ensure you keep all records of expenditure including all associated on costs such as skip hire, professional fees and the like.
