will be delivered as per the guidelines set out by the Government. and the push is on to get the application process pushed through. Given the looming federal election process is in full swing and a Caretaker Government steps into the seat on 31 July 2013, this NRAS Round 5 offer is a monumental task. Many doubters believe there is not enough time to complete the call, review and grant the entitlements. Time will tell. the entitlements in the market, as it is a significant stimulus for development activity. The Australian rental market needs it, as we continue to fall behind the housing starts of affordable housing. And the Federal and State governments need it anything short of a successful NRAS delivery will be either another nail in the coffin for the outgoing government or another early broken promise for any new incoming government. levels and deserves a big tick at the consumer level as well. The scheme stimulates development and building, supports the affordable rental market and provides solid and attractive investment options for investors, particularly in the superannuation and planning for retirement sector. that Tony Abbott will take this Howard NRAS idea and continue with it, bringing further stimulus to the property sector. You should consider NRAS investment properties if you are: · Interested in residential property investment. · Looking to expand your property investment portfolio. · Considering residential property in your superannuation plan's Self Managed on all of them? A. Yes, you can own as many as you like and take advantage of multiple incentives. A. Yes, you can sell your property at any time and the incoming purchaser will be able to participate in the scheme if they wish. A. Obtain your own independent financial investment advice. At McKenzie Consulting, we recommend that you deal with pre-approved NRAS Facilitation Companies. For more information please call us directly on 0411 176 449. |