The 2019/20 Budget provides a fiscal stimulus by increasing infrastructure spending and delivering higher disposable incomes to 10 million low to middle income earners, according to the Real Estate Institute of Australia (REIA).
“Whilst there were no major surprises in the Budget, the measures will lift the brake of economic activity," REIA President Adrian Kelly said.
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REIA News – December 2020
MYEFO POINTS TO GAINS FOR THE PROPERTY MARKET PROMPTED BY QUICKER ECONOMIC RECOVERY
REIA WELCOMES STATE OF THE NATION’S HOUSING REPORT
RE-ELECTED REIA PRESIDENT, ADRIAN KELLY SAYS MEMBERS ARE REPORTING STRONG RECOVERY AFTER CHALLENGING YEAR
AUSTRALIA’S HOUSING MARKET PROVES RESILIENT OVER 2020 WITH PRICE RISES IN MOST STATES