Latest News

Federal announcement of consumer credit reforms a positive for house listings Australia wide

September 25th, 2020

The Real Estate Institute of Australia (REIA) believes the Australian Government’s plan to increase the flow of credit to households and businesses should have a positive impact on the housing market. REIA President Adrian Kelly said the Treasurer’s announcement reduces the cost and time for consumers and businesses to access credit while moving away from […]

REIA urges Victorian Government to safely restart Australia’s second biggest property market

September 15th, 2020

The REIA joins with the Real Estate Institute of Victoria (REIV) in calling on the Victorian Government to reintroduce contactless activities in the real estate industry, such as one-on-one inspections. We also request property access be provided to professionals, for the purposes of generating digital marketing materials, such as photos and videos, all in line […]

Pandemic makes moderate impact on property: June Real Estate Market Facts

September 10th, 2020

The Real Estate Market Facts quarterly report has shown an impact on prices from the COVID-19 pandemic, but it has not been as dramatic as some have predicted. “In the March edition I flagged that June quarter 2020 will reflect the impacts of the start of the COVID-19 pandemic on both the sales and rental […]

July Housing Finance Continues COVID Rollercoaster

September 9th, 2020

Following the historic fall in the value of loans in May, the July 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show the value of new loan commitments for housing grew for the second consecutive month,  according to the Real Estate Institute of Australia (REIA). “The seasonally adjusted […]

Response to Tasmanian Government’s moratorium decision

September 4th, 2020

The Real Estate Institute of Australia welcomes the announcement by the Tasmanian Government today to provide real estate stakeholders certainty in their state. The Tasmanian Government announced the emergency period under the Residential Tenancy Act 1997 would be extended to 1 December 2020. This means that all protections currently in place for residential tenants will […]

Best rental affordability results since 2007: REIA

September 2nd, 2020

The REIA Housing Affordability Report (the Report) was released today and shows housing affordability has improved slightly across the country in the June quarter. REIA president, Adrian Kelly said rental affordability had improved in both the June quarter and the past year.

FIRST HOME LOAN SCHEME A WIN FOR BUYERS IN CITIES AND REGIONS

August 31st, 2020

The Real Estate Institute of Australia (REIA) today welcomed the release of the NHFIC First Home Loan Deposit Scheme Trend and Insight Report (the Report) as a win for first home buyers in cities and regions. REIA President Mr Adrian Kelly said the Report found that the First Home Loan Deposit Scheme (the Scheme) is […]

HOME OWNERSHIP FOR FIRST HOME BUYERS CRITICAL TO BUDGET 2020

August 28th, 2020

Five key recommendations to the Australian Government in the lead up to the 6 October 2020 Budget have been provided by the Real Estate Institute of Australia (REIA) REIA President, Mr Adrian Kelly, said in the mid-COVID19 world, policies to assist first home buyers into the market-place, and providing a boost to the economy through […]

REIA News - August 2020

August 25th, 2020

REIA News – August 2020. IN THIS ISSUE: MEET REIA’S NEW CEO. TREASURERS COMMIT TO AUTOMATIC RECOGNITION. ATO’S TAX INVOICE RESIDENTIAL RENTAL PROPERTY PODCAST.

Introducing new CEO for REIA

August 18th, 2020

The REIA is excited to introduce its newest CEO, Anna Neelagama, who will replace and continue the good work done by Jock Kreitals. “Earlier in the year REIA embarked on a recruitment process for a new CEO and we received over one hundred applicants for the role. We eventually decided upon Anna and I’m delighted […]