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Federal Budget 2020: The Property Industry Weighs In

Press coverage 8 October 2020 Summary of published coverage
Federal Budget 2020: The Property Industry Weighs In

The federal budget offered the property sector little direct stimulus beyond extra places in the First Home Loan Deposit Scheme, $1 billion in low cost finance for affordable housing and $150 million for Indigenous home ownership. HomeBuilder was not extended. Industry figures said most benefit would flow indirectly through tax cuts and jobs measures, although several warned that construction would struggle without further support given weak population growth.

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