3 ways the federal budget should have gone further: REIQ SHARE THIS ARTICLE
While it commended the federal government’s commitments for 2021, the Real Estate Institute of Queensland (REIQ) said that budgetary measures need to go further in order to have any meaningful impact on economic recovery.
The announcement of the latest federal budget revealed several moves from the government to support property, including assistance for single parents, first home buyers, new home builders, retirees and downsizers, renovators and beneficiaries of public housing.
The REIQ has welcomed these commitments as Queensland continues to rise as a high-performing property market, with prices rising at the fastest monthly rate in over 30 years and interstate migration adding unprecedented pressure on housing stock.
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Subscriber only Two community leaders from across the political aisle have demanded action to fix skyrocketing rents in Mackay Whitsundays as affordable housing dwindles. This week, Labor candidate for Dawson Shane Hamilton and Whitsunday MP Amanda Camm put forward their ideas on what is needed to solve the region s housing crisis. Mr Hamilton spruiked Labor leader Anthony Albanese s promised $130m for crisis housing for women escaping domestic violence and veterans who have hit hard times, delivered from a $10bn social housing fund, if the party wins the next election. The centrepiece of Labor s plan is a $10bn Housing Australia Future Fund .
Alboâs frugal plan to âreward and repayâ COVID sacrifices Anthony Albanese has unveiled his Budget reply and, in contrast to a big-spending budget handed down by Treasurer Josh Frydenberg, itâs a frugal affair.
Politics by Matthew Killoran
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Subscriber only Apprentices in the clean energy sector will get a $10,000 taxpayer-funded bonus on top of their wages if Anthony Albanese wins the next election. The Labor leader has also promised to deliver $130 million for crisis housing for women escaping domestic violence and veterans who have hit hard times, delivered from a $10 billion social housing fund. In contrast to a big-spending budget handed down by Treasurer Josh Frydenberg on Tuesday, Mr Albanese outlined a frugal budget reply that would cost taxpayers just $100 million by keeping his social housing fund off the books.
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