- By admin
- In Advocacy, Industry News
MEDIA INTERVIEW: REIACT CEO MARIA EDWARDS ON THE 2025 ACT BUDGET
REIACT CEO Maria Edwards in an interview with ABC Canberra said the 2025-2026 ACT budget is a difficult budget for anyone who owns a home in the ACT, and the increased rates may just be the nail in the coffin for investors who are unable to recoup the additional taxes with our legislated rent caps. This is bad news for renters who are not in a position to buy. She noted there is also less incentive for people to get on board with the ACT Government’s housing initiatives such as the Missing Middle Housing Reforms and building new homes with these escalating costs. Edwards pointed out that the benefits from the recent interest rate drops will be “wiped out” because of these unprecedented increases.
Listen to the full interview here (timestamp 2:24:02).
