READ MORE: Prime Minister Malcolm Turnbull, Treasurer Scott Morrison and local member David Coleman visit a home in Penthurst in 2017 to talk about negative gearing. Photo: Michele Mossop.
Real estate agents are pushing the Coalition to introduce a new ‘property services’ minister to bring the nation’s multi-billion dollar housing and development industry closer to the heart of government.
However the proposal, floated in a pre-budget submission by the Real Estate Institute of Australia, has come under scrutiny for the “unclear” benefit it would deliver Australians.
The plan would see a new portfolio created at the federal or state level to tackle all forms of property policy, including law, taxation, housing affordability and the governance of real estate agents.
READ MORE VIA SMH