We must be coming up for an election! There have been a few financial incentives flung around, urgent tenancy law changes have been thrown at us overnight and we are still pondering the possibility of what interest rate changes will come. The perfect ingredients for people to continue to sit on their hands!
If I was a politician (and that will never happen), I’d be concentrating on assisting businesses to employ more people. Did you know the more people businesses employ, the more payroll tax they have to pay? Hardly an incentive is it!
I’d also be incentivising first time property investors so that we can deliver more properties for our tenants. Did you know 96% of Queensland’s rental properties are provided by investors? Our current shortage still means we continue with around 10 applications per property. More first time investors would invest in property if government incentives were introduced. Enough political rant from me but maybe these are things to consider when we hit the booths later this year.
Congratulations to all those people who took part in the CEO sleepout this week. Our very own CEO Christine Mikhael braved the cold conditions and we are thrilled to support her fundraising efforts. If you can spare a little bit check out her page.
https://www.ceosleepout.org.au/fundraisers/christinemikhael
The countdown is on for EOFY, as always, please reach out if I or any of the team can be of assistance.