Buyers of freshly built homes would get a $50,000 cheque from the Morrison government under a $2.5 billion plan from the Property Council to kickstart the economy amid Reserve Bank warnings the housing sector faces an extended period of pain.
The council also wants the abolition of stamp duty, the broadening of the GST and a "welcome migration" campaign aimed at luring foreigners to Australia.
Buyers of freshly built homes would get a $50,000 cheque from the Morrison government under a $2.5 billion plan from the Property Council to kickstart the economy amid Reserve Bank warnings the housing sector faces an extended period of pain.
**The council also wants the abolition of stamp duty, the broadening of the GST and a "welcome migration" campaign aimed at luring foreigners to Australia.**
http://web.archive.org/web/20210124005957/https://www.smh.com.au/politics/federal/new-home-boost-50k-to-home-builders-plan-as-rba-raises-property-concerns-20200519-p54ue5.html
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