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After speaking with my accountant, that is basically the case. The accountant agreed with Paul@PFI that the price is inherently inclusive of GST unless otherwise stated. As a just in case measure I will be adding an "inclusive of GST" statement on my written offer and have a solicitor review...

Thanks Aaron, your a busy man posting here and on whirlpool! So i need to add in a clause that states that the offer price is inclusive of GST in order to cover my backend. This forum is invaluable. There are so many small traps for a first timer.

Hi I have had a search and read a few threads but cant find a specific answer here (partly due to GST and property being what they are). Im currently looking at purchasing a townhouse, 1 of 3 that was built approx 3 years ago. Its currently tenanted, but has only been so for 8 months...