Your search has been limited to the first 30 items entered.
REIA has welcomed additional support measures announced by
the Federal Government to unlock both housing supply and affordability as a
critical part of Australia’s future.
REIA President Hayden Groves welcomed the suite of measures
targeting Australians along the property ladder from first home buyers through
“We welcome the lowering of the age bracket to 55 years old
to allow Australians access to this superannuation benefit to right size their
home with the view to free up supply of traditional family home housing stock.
“Accessing $50,000 through the Super Home Buyer Scheme for
eligible first home buyers would immediately assist housing affordability and
set more Australians up for success in the long term.
“The tension between superannuation and housing need not be
there with the Federal Government’s own Retirement Income Review showing that
home ownership is a fundamental pillar for a successful retirement.
“Not only is it the Great Australian Dream of owning your
own home, we know that those that have the security of tenure of their own home
lead healthier, happier and wealthier lives in the long term.
“The Super Home Buyer Scheme strikes the right balance of
addressing affordability and building retirement savings with a requirement for
the super drawdown plus capital gains to be returned on the sale of the home,”
Mr Groves said.
REIA have commended the Federal Government for listening to
the real estate industry.
“A central pillar of REIA’s Getting Real encouraged the
exploration of additional right-sizers superannuation kick-backs and increased
support for first home buyers,” Mr Groves said.
“Minister Sukkar launched Getting Real last October 2022 and
it shows the government is listening to our agenda.
“We congratulate Minister Sukkar on prioritising the Great
Australian Dream and putting in place measures to unlock both housing
affordability and supply for Australians at all phases of their property
For more information, view REIA’s 2022 Federal Election campaign video.
Heathridge, Inglewood, Kingsley and Woodvale were among the 20
fastest-selling suburbs in Perth ...
> Read more
Sales activity increased 3.2 per cent in Perth last week, with REIWA members reporting 899 transacti...
> Read more