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Latest MYEFO News

Property industry the lifeboat for uplift in Australian economy

The Australian economy projection in the 2021-2022 Mid-Year Economic and Fiscal Outlook (MYEFO) has presented a positive outcome, especially for the property market as we welcome in the new year.

Australian flag with economy graph and property industry
The economy is on track for a strong recovery, supported by a strong property industry. Images: Shutterstock

The Australian economy projection in the 2021-2022 Mid-Year Economic and Fiscal Outlook (MYEFO) has presented a positive outcome, especially for the property market as we welcome in the new year.

Australia is well placed to deal with the challenges of the global pandemic as we achieve some of the best health and economic outcomes to date, and shows the economy is on track for a strong recovery, supported by a strong property industry employing m…