Fast-tracked tax cuts for 11 million Australians, wage subsidies for young workers, business incentives and a leg up for many first home buyers looking to get into the property market underpinned last week’s big-spending federal budget aimed at creating jobs to drive Australia out of the COVID-19 recession.
The First Home Loan Deposit Scheme extension will increase the opportunity to own a home to thousands more people. It will unlock even more investment and further activate residential building as the engine of economic growth and employment.
Read more: Ray White Now Vol. 22 – Digital
Melburnians keen to escape the city can inspect regional Victorian properties from 11:59pm on November 8, Premier Daniel Andrews confirmed in his Monday press conference. A realignment of metropolitan Melbourne and regional Victoria coronavirus restrictions will allow buyers to travel statewide for private property inspections and to compete at auctions, … Read more
One of the lessons learned about the property market through COVID-19 is that listings numbers have been extremely responsive to changes in social distancing policies. Despite an extended lockdown, Melbourne is no exception. Since on-site, private inspections resumed on 28 September, new listings volumes have soared. The result is likely … Read more