Residential investment property loan data-matching program

ATO to Acquire Residential Investment Property Loan Data for Compliance and Analytical Purposes Scope, Utilisation, and Implications of the ATO’s Data-Matching Initiative for the 2021/22-2025/26 Financial Years The ATO has advised that it will acquire residential investment property loan data from authorised financial institutions for the 2021/22 through to 2025/26 financial years, including: client identification […]

Property investor common tax traps

ATO warns property investors about common tax traps In 2019/20, over 1.8 million Australians owned rental properties and claimed $38 billion in deductions, so the ATO is reminding property investors to beware of common tax traps that can delay refunds or lead to an audit costing taxpayers time and money. The most common mistake rental […]

Rent or lease payment changes due to COVID-19

Rent or lease payment COVID-19 changes The ATO has provided updates regarding the tax implications when a landlord gives, or a tenant receives, rent concessions (such as waivers or deferrals of rent) as a result of COVID-19. For example, the ATO provides the following advice for tenants that have received a rent waiver. If the […]

Getting the margin scheme right

The margin scheme may allow a property owner to pay less GST when they sell the property Rather than paying 1/11th of the total sale price, sellers may be able to pay 1/11th of their margin on the sale. If a property owner wants to use the margin scheme when selling property, they must be […]

HomeBuilder

Economic Response to the Coronavirus HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home. HomeBuilder will assist the residential construction market by encouraging the commencement of new home builds and renovations. You will be able to apply for HomeBuilder when […]

Real estate insight from Charlie Ball, Elberton Property

Rapid change gives rise to new breed of real estate agents Omnis Real Estate’s Managing Director Justin Flavel CPA talks with Licensed Property Valuer and Developer, Charlie Ball, from Elberton Property in Subiaco, Perth. Elberton Property is a private property development and project management business founded in 2006 by Charlie Ball. Infilling development sites within […]

Writing on the wall for more real estate disruption

Purplebricks’ market exit only opens the door to newer players If you believe the demise of Purplebricks in Australia is due to the market not wanting or accepting a cheaper alternative to real estate agents, then you are totally incorrect. Purplebricks have openly said they didn’t execute their plan well and they expanded way too […]

Business Focus on Real Estate Agencies

What the changing business landscape means for real estate It’s a fact that our business environment is changing significantly, and the real estate sector is no exception. Pick up any newspaper and you’ll read headlines like, “Basically the minimum wage: What real estate agents really earn”, “King Kong Signs Real Estate Disrupter Purplebricks”, or “Why real estate agents suffer […]

Perth’s Hub Residential real estate case study

The Hub Honeypot: business by design The formation of Hub Residential was no flash in the pan. Their view is that real estate is changing and, like so many industries, they needed to change with it by creating a business with better resources and resilience. The concept of Hub Residential had been brewing behind the […]

Real estate startup success

Perth real estate agency’s startup success Born of a passion for real estate, with a strong focus on delivering high-quality service and results for all of their clients, the team at Benadé Helman has a goal to deliver a real estate experience far exceeding most client expectations. Following a successful career as a consultant and […]

Justin Flavel

Managing Director

Justin’s experience spans across 20 years in accounting, financial analysis and general business practice.

Although born and bred on the land, Justin’s interest was more in spreadsheets, ledgers, and finance which led him to attend university. In 1992, Justin graduated with a Bachelor of Business majoring in Accounting and Finance. As well as qualifying as a CPA member and becoming a Fellow of the Taxation Institute of Australia, he began gaining practical experience in small and mid-tier accounting practices.

During the late 90s, Justin decided to expand his horizons and travel through Europe. It was during this time that he seized the opportunity to expand his knowledge on the workings of large organisations by taking on roles in multinational corporations.

Today, Justin’s passion is in facilitating businesses to grow and evolve. His focus is on acting in the role of business mentor to help clients develop the full potential of their businesses. He joins clients on their unique journey, and provides the tools and knowledge they need along the way to make the right decisions.

Justin’s aim for his clients parallels his own philosophy and personal journey—focusing on his own career growth and business success while maintaining balance in his life with his wife and three daughters.

Omnis Group Managing Director - Justin Flavel