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Federal Budget 2020: The Property Industry Weighs In – The Urban Developer

Industry experts have weighed in on what treasurer Josh Frydenberg’s 2020-21 budget means for the property development industry…

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The federal government has rolled out its recession-battling budget, a single-year plan centring on tax cuts, spending, support for businesses and jobs that will rely heavily on a private sector-led recovery.
In an attempt to drag the economy out of its first recession for 30 years, the federal government has announced a raft of new measures, including asset write-offs and tax offsets for Australian businesses, while also providing some relief for the construction industry.
The extension of th…

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