REIA WELCOMES PROPERTY & SMALL BUSINESS FOCUS IN BUDGET 2021

May 11th,2021

The Real Estate Institute of Australia (REIA) has had many of its priorities addressed in the 2021 Federal Budget confirming a positive outlook for buyers, sellers, investors and tenants and small business as we pass another pandemic economic milestone.

REIA President, Adrian Kelly said that measures for people, property and small business including expansion of the First Home Super Saver and the First Home Loan Deposit were welcomed.

“REIA welcomes the Budget 2021 which is aimed at helping women and first home buyers and continues to provide taxation benefits for the small business sector.”

“Employment growth and jobs creation enabled by personal income and business tax deductions, infrastructure spending and investment in childcare paint an optimistic future with unemployment falling to 5% in 2021-2022 and under 5% by 2022-2023.”