Real Estate Institute of Australia (REIA) President, Neville Sanders says the 2016 Budget has recognised that the housing and construction sector have a role to play as the Australian economy transitions away from a decade long reliance on mining for growth.
“Investment in dwellings is forecast to grow at 8% in 2016-17 and peak in 2017-18 with a record number of completions”, said REIA President Mr Neville Sanders.
“The boost to infrastructure spending, the extension of small business concessions, modest tax cuts and the retention of the current arrangements for taxation of property investments will help ensure that the property sector remains an important driver of economic growth.”
FOR FULL MEDIA RELEASE
REIA PRESIDENT CALLS ON THE REAL ESTATE INDUSTRY TO REMAIN VIGILANT AS STATE BORDERS REOPEN
MORTGAGE REPAYMENT RESUMPTION PROMISING SIGN FOR PROPERTY MARKET
BUDGET 2020: ADDRESS ON THE AUSTRALIAN HOUSING & PROPERTY SECTOR BY MINISTER THE HON MICHAEL SUKKAR TO THE REAL ESTATE INSTITUTE OF AUSTRALIA
AUGUST HOUSING FINANCE SHOW LARGEST EVER MONTHLY INCREASE, IMPACTS FROM VICTORIA’S STAGE 4 YET TO BE SEEN
BUDGET 2020: A STRONG BUDGET IF FORECASTS BECOME REALITY
REIA QUESTIONS FOCUS OF 10,000 NEW PLACES FOR FIRST HOME BUYERS
REIA News – September 2020
DIGITAL BUSINESS TO BENEFIT ALL REAL ESTATE STAKEHOLDERS
