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Not ‘too much’ light at the end of the tunnel for Australians trying to buy a home

22/06/24
Sky News Australia
Dans Asie / Australie

NSW Real Estate Institute Chief Executive Officer Tim Mckibbin says there’s not “too much” light at the end of the tunnel for Australians who are trying to buy a home. “In the budget papers I stumbled across one other comment where the Treasurer had said … he was concerned about the cost of insurance for the emergency services levy because he believed that insurance was unaffordable,” he told Sky News Australia. “What he’s planning to do is move that cost across onto property, so he’s going to have an additional tax on property who clearly can afford it.”

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