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 the ‘one size fits all’ system, providing assurance for those who have held off listing their properties due to the pandemic-induced recession.

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