06 Jul REIP Industry Pulse – July 2021
Welcome to this month’s REIP Industry Pulse.
June has seen further lockdowns across the country and states opening and shutting borders. There is one constant in all of this – there is no guarantee from week to week of anything. Like many of you, I have canceled many flights over the last month, however, I am hoping that I will be able to have my week in Noosa at the end of July.
Last month, we asked if you thought the real estate industry had hit its peak – and 82% of you said no. The Big 4 banks agree, so it will be interesting to see where the market goes!
Over the coming months, you will start to see a new look and feel on our website and in our newsletters. We do hope you like the new format and it makes for easier reading and navigation.
News & Education
The Property Council of Australia has labeled the latest Federal Government Intergenerational report a ‘wake-up call’ for policymakers on the importance of population growth and increased productivity to Australia’s economy.
On the 23rd of June, Kevin Anderson MP, Minister for Better Regulation and Innovation advised that the NSW Government had started the process to appoint the first Property Services Commissioner.