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The September 2020 quarter CPI figures show the impact that the COVID pandemic is having on the rental market, according to the Real Estate Institute of Australia (REIA). REIA President Adrian Kelly said the All Groups CPI rebounded with a 1.6 per cent increase in the September 2020 quarter following the largest fall in its […]
The Real Estate Industry of Australia’s (REIA) president Adrian Kelly has congratulated those agents who have remained diligent throughout current COVID-19 restrictions and heeded safe workplace practices. “We are a fortunate and proud industry in which there has not been a single recorded transmission of the virus due to real estate activity,” said Mr Kelly. […]
The Real Estate Institute of Australia (REIA) has today welcomed the announcement by the Australian Banking Association that repayments have resumed on almost half of deferred loans for mortgages and small businesses. President of REIA, Mr Adrian Kelly, said the news is a promising sign for agents, and players in the property market and the […]
Minister for Housing the Hon Michael Sukkar today joined the members of the Real Estate Institute of Australia (REIA) for a virtual Budget 2020 Real Estate Roundtable (Roundtable). In his address to Australian real estate industry leaders Minister Sukkar detailed the Budget 2020 measures and the positive impact they will have on housing and construction. […]
Following the historic fall in the value of loans in May, the August 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing grew for the third second consecutive month, according to the Real Estate Institute of Australia (REIA). “The […]
The Real Estate Institute of Australia (REIA) has said that the critical Budget 2020 has provided an encouraging outlook for all players in the Australian property market. President of REIA, Mr Adrian Kelly, said that despite the challenging and unprecedented events of 2020 with a deficit of $210 billion, Budget 2020 contains some solid support […]
The Real Estate Institute of Australia (REIA) has expressed reservations about the release of 10,000 new places for first home buyers to build a new home or purchase a newly built home under the First Home Loan Deposit Scheme. REIA President, Mr Adrian Kelly said the announcement ignored the market preferences of Australian first home […]
REIA News – September 2020. In this issue: Federal Budget 2020. Rental Eviction Moratorium. Claiming Deductions for home-based business.
The Real Estate Institute of Australia has welcomed the streamlining for Australia’s property industry identified in the JobMaker Digital Business Plan announced today. REIA President Adrian Kelly said the permanency of electronic transactions outlined in the plan should lead to positive outcomes in property and other areas.
The Real Estate Institute of Australia (REIA) welcomes the announcement today by the Premier of Victoria, Hon. Daniel Andrews, MP that private inspections for purchase or leasing of Victorian residential properties can recommence from 11:59 pm on Sunday 27 September 2020. As part of the updated regulations, private property and display home inspections must consist […]