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.
Real Estate Institute launches Federal Election campaign
REIA News – March – April 2019
Housing Finance numbers continue dive: REIA
Budget highlights importance of property to a healthy economy: REIA
REIA responds to oppositions start date for negative gearing and capital gains tax changes
Winners of the REIA National Awards for Excellence 2019 announced
REIA welcomes SQM Labor Negative Gearing research report
Hobart, Adelaide resist downward property price trend: REIA