REIA’s Pre Budget Submission to Government focuses on taxation as it relates to property and the need for a holistic approach and housing affordability including the need to address the rapid decline in the number of first home buyers.
The Submission notes that dwelling investment supported by historically low interest rates has been a significant contributor to growth in the Australian economy since 2013/14. Australia’s property industry has been a main driver of economic growth and increased employment in the transition away from a decade-long reliance on mining. Providing a stimulus to economic activity outside the mining sector, including the housing and building sectors, was amongst the main reasons for the RBA to keep the official cash rate at record low levels since August 2013.
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HOUSING FINANCE RECORDS CONTINUE TO TUMBLE IN 2021
REIA News – February 2021
REGIONAL PREFERENCES MEANS REGIONAL REFORM FOR HOUSING IS NEEDED
SHOW WILL GO ON FOR AUSTRALIAN REAL ESTATE AS FACEBOOK REMOVES POSTS
REIA LISTS 12 PRIORITIES FOR THE FEDERAL GOVERNMENT TO ADDRESS IN THE BUDGET
CHRISTMAS GIFT FOR HOUSING AS LENDING FINISHES IN 2020 ON A RECORD HIGH
REIA News – January 2021