With the welcome news that an additional 70,000 new jobs were added to the economy in March and with unemployment now sitting at 5.6%, the May 2021 Budget is expected to focus on getting Australia back to a ‘new normal’ and looking beyond the pandemic.
With the vaccination roll out now being addressed by bi-weekly National Cabinet meetings, the Real Estate Institute of Australia (REIA) said focus must remain on fuelling the economic engine and restoring not just a COVID-safe but a COVID-stable operating environment for all Australians.