Your search has been limited to the first 30 items entered.
Author: Real Estate Institute of Australia
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 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 property, were at the forefront of
“Agents, renters, investors and those looking to enter
the market for the first time are all facing difficulties,” said Mr Kelly.
“Our recommendations to treasury target key areas for government to generate economic activity that supports both agents and their
clients, with a focus on market entry for first home buyers.
“Specifically, we seek expansion of the First Home
Loan Deposit Scheme to include all first home buyers and an extension of the
First Home Super Saver to allow access to pre-July 2017 voluntary contributions
“There are proven international models for the use of
retirement savings to purchase property from Canada, the Netherlands and New
“For home renovators, we
continue to support the HomeBuilder initiative by recommending a lowering of
the program limits. This will encourage increased uptake of the program across
the board for all Australians.
“Lastly, for renters and
property owners, for those working in the property sector and other industries
that will take longer to recover, we support the extension of JobKeeper,
JobSeeker and the rental support scheme, where needed.”
implementation of these policies ensures Australia’s property agents can
continue to support renters and home buyers nationwide and contribute to Australia’s
long-term economic resilience.
In light of the post-COVID economic environment and
the later than usual Federal Budget, REIA has provided five key recommendations to treasury:
The REIA 2020-2021 builds on the nine point plan to Treasury’s Coronavirus Liaison Unit in June 2020.
Alternatively, the REIA 2020-2021 pre-budget submission can be viewed here.
REIWA will be putting together a pre-budget submission to the Western Australian Government in the next few weeks.
Whether you’re renting or buying, don’t leave it until
moving day to get your utilities sorted. ...
> Read more
Sales activity decreased one per cent in Perth this week, with REIWA members reporting 826 transacti...
> Read more