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Following the historic fall in the value of loans in May, the June 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics, show the value of new loan commitments for housing has rebounded, according to the Real Estate Institute of Australia (REIA). “The value of new loan commitments for […]
The June 2020 quarter CPI figures show the impact the COVID pandemic is having on the economy as consumers restrict their spending and adjust their activities and way of life, according to the Real Estate Institute of Australia (REIA). “The All Groups CPI, fell 1.9 per cent in the June 2020 quarter giving an annual […]
REIA News – July 2020. In this issue: REAL ESTATE INSTITUTES HONOUR PROPERTY MANAGERS. STAMP DUTY: WINNERS & LOSERS. ATO 2020 RENTAL PROPERTY OWNERS TOOLKIT.
The Real Estate Institute of Australia has welcomed the extension of the JobKeeper and JobSeeker payments beyond September. “Today’s announcement by the Prime Minister and Treasurer provides businesses and individuals with a much needed lifeline in our industry, the economy and the community for the coming months,” said Mr Adrian Kelly, President of the Real […]
The REIA is excited to support the launching of the inaugural National Property Manager’s Day, an initiative by the REINSW and supported by the state and territory Real Estate Institutes. The event will take place on 24th July 2020 and will be a day to recognize the amazing efforts of the residential and commercial property […]
The May 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show the largest monthly fall in the history of the series with the value of loans for housing falling by 11.6 per cent in seasonally adjusted terms, according to the Real Estate Institute of Australia (REIA). “The fall […]
The REIA welcomes the announcement by the Australian Banking Association to implement a new phase of support to assist customers, as the six month loan repayment deferral period draws to an end. “Supporting home owners during this phase where they may be finding it difficult to continue paying their mortgage, is to be applauded,” said […]
The Real Estate Institute of Australia has welcomed, Supporting the road to recovery, the Draft Report of the independent NSW Review of Federal Financial Relations. The report notes that ‘There is a strong case for reforming the GST and reducing our reliance on more harmful taxes, while re-directing a portion of revenue to lower income […]
REIA News – June 2020. In this issue: OWN A RENTAL? – WHAT YOU NEED TO KNOW THIS TAX TIME. COVIDSAFE APP AND YOUR PRIVACY RIGHTS. MARKET SNAPSHOT.
Following a request by the Treasury’s Coronavirus Business Liaison Unit in regard to suggestions that will support the real estate industry, the Real Estate Institute of Australia’s member Real Estate Institutes surveyed their members. The survey was regarding approaches that will assist the sector to achieve the Government’s objective of keeping as many Australians as […]