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The Victorian Government has announced as part of the Victorian budget for 2020/21, the Big Housing Build, the largest ever investment in public and community housing in Victoria. The Big Housing Build will involve a $5.3b investment in social housing, creating: 9,300 new social housing dwellings; and 2,900 new affordable and market homes for first … Read more
The State Governments of New South Wales and Victoria have recently announced shake-ups to their respective stamp duty regimes as part of their 2020-21 State Budgets, with NSW in particular proposing significant changes to property transfer taxes. Read more
There is no doubt that Covid-19 will have a significant and long lasting effect on the real estate sector. The sector will not return to the way it was and we will see the impact of the pandemic permeate all parts of the industry for years to come. It is important for real estate players to pre-empt some of these predicted future trends so that they can be ahead of the game in both taking defensive positions on risk areas and pursuing new opportunities. One thing Covid-19 has shown the world is how quickly things can change and imagination can create possibility for things which were never considered possible before now. Read more
