What’s in the budget for real estate agents?

The federal budget has been handed down, and it’s a pre-election blockbuster. REB takes a look at what this means for real estate agents.

The Morrison government’s 2019/20 budget delivers a surplus for the first time in over a decade. The big-ticket items likely to affect the Australian real estate industry are lower taxes, relief for small businesses and infrastructure and community investment.

In delivering it in Canberra last night, treasurer Josh Frydenberg , said the Government is delivering lower taxes by providing tax relief to low- and middle-income Australians.

This includes immediate relief of up to $1,080 for singles, or up to $2,160 for dual income families, and

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Oliver Voss: Specialising in residential property sales in Redlynch, Brinsmead, Freshwater, Redlynch Rise, Stratford, Trinity Park, Smithfield, Redlynch Valley, Kurrimine Beach, Redlynch Central and all other suburbs in Cairns. Acreages, units, houses, blocks of land, elite properties and million dollar plus properties.

CONTACT: CPO Redlynch 0414 725 573 EMAIL: oliver@cpo.com.au POSTAL: P O Box 334 Redlynch, Qld 4870 FAX: 07 4039 3155 OFFICE: 07 4039 3111

Registration number: 4057691

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