Victorian Budget 2018-19 An Opportunity Lost

The Real Estate Institute of Victoria is disappointed that the Andrews Labor Government has not provided any property tax relief in its Budget handed down this week.

“While the Premier says his government is getting things done, it has failed to get one of the most important things done,” REIV President Richard Simpson said.

“We believe that a reduction in taxes on land, and on real estate transactions, would incentivise inves…