Recent announcements from the Australian government about the Federal Budget have stirred a number of responses across the nation.
One of the strongest reactions has been from the housing industry, where various organisations have put their support behind the increased incentive for investment anticipated from small business stimulation.
A substantial aspect of the proposed changes include a 1.5 per cent tax cut for small businesses and increased depreciation for assets priced up to $20,000.
Real Estate Institute of Australia chief executive officer Amanda Lynch said as other industries begin to slow down, housing will continue to play an important role in the country's continued growth.
"We strongly welcome the small business package that will give business owners meaningful incentives to hire, invest in equipment and importantly grow their livelihood," said Ms Lynch in a 12 May statement.
As stronger business investment occurs across Victoria and Melbourne, communities could begin to see more rapid expansion – offering incentive for investment in real estate in Bentleigh.
Now could be a great time to start investigating the property options available in the Bentleigh area. Get in touch with Matt Hurlston at Ray White Carnegie today to begin discussing the housing opportunities in the region.
Homely Hughesdale house sold to the renters next door by Hughesdale sales agents Jin Ling and Matt Hurlston, with an exemplary outcome. With many schools in Hughesdale such as Hughesdale Primary School, St Anargiri Greek Orthodox College, Sacred Heart Girls’ College, as well as both Caulfield and Clayton Campus for … Read more
Median House Price in Caulfield (Rentals) – $699 per week Median Unit Price in Caulfield (Rentals) – $430 per week Just Leased in Caulfield: 1/16 Kean Street – $685 per week 202/888 Glen Huntly Road – $360 per week 2 Urandaline Grove – $1000 per week 207/888 Glen Huntly Road … Read more