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Australia’s small business want tax relief
20 August 2010
A survey of 100 of Australia’s top small and medium businesses has nominated company tax cuts as the most important action the federal government could take to better demonstrate its support of the sector.
For further information, click here. |
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Coalition releases plan for action on housing
20 August 2010
The Coalition yesterday announced a specific housing policy, committing to: introducing a National Home Affordability Compact; enhancing planning and approval processes; keeping the Australian Building and Construction Commission; directing investment in the housing market; encouraging the establishment of Affordable Housing Vouchers; encourage the transfer of State Housing Trusts; supporting Affordable Housing; developing a national framework for community housing, and; addressing homelessness.
REIA welcomed the plan, pleased that the Coalition has addressed supply side factors that impact on housing affordability.
The President also noted that the REIA was disapointed that the Coalition did not adopt our specific request to review the NRAS and HAF schemes and consider additional measures to bridge the demand-supply imbalance.
To download the Coalition’s full housing policy, click here. To download the REIA’s media release, click here.
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REIA: Housing policy crucial
13 August 2010
Real Estate Institute of Australia (REIA) President, Mr David Airey has called on all major political parties to take action regarding housing in the lead-up to the Federal Election.
“Neither the ALP nor the Liberal/National Coalition have developed a specific housing policy in their election campaigns, something that I find quite incomprehensible given that housing is a crucial part of our economy and is currently facing major challenges”, he said.
To view the full media release, click here.
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Mortgage Choice Home Loan Choices Bulletin
13 August 2010
In July 2010, the popularity of fixed rate home loans dropped to 2% of all new approvals.
The majority of new borrowers are taking out standard variable loans, mainly because of the wide range of professional packages on offer with these products. ‘Pro packs’ tend to offer interest rate discounts along with ‘Gold’ credit cards and other special features.
Fo further information, click here. |
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Property Council’s Office Market Report
13 August 2010
Demand for Australian office space has bounced back after the global financial crisis, with research from the Property Council of Australia showing demand over the last six months at double the 20 year average.
The Property Council’s latest Office Market Report shows net absorption - the primary indicator of demand for office space - was 332,922 sqm over the six months to July, almost twice the 20-year average of 171,350 sqm.
For further information, click here. |
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