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‘Strong’ and ‘encouraging’: Industry reacts to 2020 budget

Press coverage 7 October 2020 Summary of published coverage
‘Strong’ and ‘encouraging’: Industry reacts to 2020 budget

Real estate industry groups broadly welcomed the 2020 federal budget, with the Real Estate Institute of Australia saying the brought forward tax cuts would aid borrowing capacity and affordability, though it wanted the deposit scheme opened to established homes. Ray White expected stronger activity for the rest of the year. PIPA chairman Peter Koulizos saw plenty to like but regretted the absence of a HomeBuilder extension.

Reported by

Grace Ormsby, realestatebusiness.com.au, 7 October 2020

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