A Steady Budget for Housing that Boosts Small Business

May 12th,2015

Real Estate Institute of Australia (REIA) CEO, Amanda Lynch has welcomed the 2015-16 Budget as a win for small business and one that importantly retains key tax arrangements that benefit housing investment.

In REIA’s response to the Federal Budget, Ms Lynch congratulated the Treasurer on listening to the sector and said the generous asset depreciation measures will particularly benefit the real estate sector, which has increased from a $1,000 threshold to $20,000.