REIA - Response To PM's Address On Tenacny

President of the REIA, Adrian Kelly is assuring the real estate industry, that the Institute is still working with the Government in regards to support for tenants, landlords and property managers.

“The real estate industry stands ready, as we have already said we would, to play our part in this crisis in ensuring that all Australians have a roof over their heads at this time,” said Mr Kelly.

“It is great to see that Australians are now taking this situation seriously and as the PM said, thank you to our members for your efforts, in particular our auctioneers, who were given less than 48 hours to adapt to moving 3,000 auctions scheduled for tomorrow.

“It is good to hear about more support coming particularly for small businesses such as ours.

“We will find out later regarding rental support for tenants and will continue to watch this situation closely.

“States have now implemented their ‘no forced evictions for non-payment of rent’ measures so the problem for the agent and property owner still remains and is very real right now.

“We are still very supportive of keeping all tenants in their homes and looking after them as well as our property owners but it needs to be recognised that agents too need support.

“The industry is on tenterhooks but the PM did acknowledge that Govt is dealing with a complex problem.

“The REIA will continue to monitor developments and keep the industry informed.”