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Small Bentleigh businesses to benefit from Federal Budget

By Matt Hurlston

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.

Purchasing Bentleigh property

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. 

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