In an interview with Canberra Times following the release of the 2026-27 ACT Budget, REIACT CEO Maria Edwards said the Institute welcomes the removal of stamp duty for first home buyers noting that this will help stimulate the economy given ACT’s first-time buyer cohort. However, Maria expressed her disappointment in the lack of incentives for investors, pointing out that the continued pressure on them will result in the decreased availability of rental properties in the Territory.

Read the full article here: https://www.canberratimes.com.au/story/9289498/budget-gives-first-home-buyers-a-boost-but-investors-feel-the-pain/

REIACT Members, following the 2026-27 ACT Budget released last night, we have prepared a summary of the key outcomes for you and our industry.

The ACT budget delivers several positive - and in some cases unexpected - outcomes for the real estate industry. One of the most welcome announcements is the decision to halve Lease Variation Charges, representing a significant outcome and one that aligns with advocacy undertaken by REIACT and industry stakeholders over an extended period. Make sure to read the latest REIACT Member Alert for more key takeaways.

If you aren’t yet on our mailing list or would like to become a member to receive updates, please email reception@reiact.com.au.

𝗡𝗢𝗠𝗜𝗡𝗔𝗧𝗜𝗢𝗡𝗦 𝗙𝗢𝗥 𝗧𝗛𝗘 𝟮𝟬𝟮𝟲 𝗥𝗘𝗜𝗔𝗖𝗧 𝗔𝗪𝗔𝗥𝗗𝗦 𝗙𝗢𝗥 𝗘𝗫𝗖𝗘𝗟𝗟𝗘𝗡𝗖𝗘 𝗘𝗫𝗧𝗘𝗡𝗗𝗘𝗗 𝗨𝗡𝗧𝗜𝗟 𝗠𝗢𝗡𝗗𝗔𝗬, 𝟭𝟱𝗧𝗛 𝗝𝗨𝗡𝗘 (𝟰𝗣𝗠)!

REIACT Members, we understand it’s a short week due to public holidays so we have allowed a few extra days to submit your nominations.

The REIACT Awards aim to encourage, recognise and promote excellence and best practice in our industry. If you or your agency has achieved something you're proud of, led your team through challenges, delivered outstanding results for clients, or worked alongside someone who deserves recognition, now is the time to celebrate them.

Nominate yourself, your agency, your colleagues or your favourite solicitor, conveyancer or service provider to showcase the best of the ACT real estate profession!

Visit the REIACT Awards page and access the Entry Kit today for details on how to enter: https://www.reiact.com.au/awards-for-excellence/

In a recent interview with ABC Canberra, REIACT CEO Maria Edwards warned that there’s “not enough diversity” in the homes being approved in the ACT. With one-bedroom units already common in the ACT, Maria said building bigger two- and three-bedroom apartments and townhouses would be a better solution to its supply problem and provide more choices for people.

Listen to the full interview here (9th June episode): https://iview.abc.net.au/video/NU2604C160S00
or read the full article here: https://www.abc.net.au/news/2026-06-09/act-government-land-release-housing-suppy-plan/106775294

Happy Tuesday! Find out what's happening for REIACT and its members this week ⬇

9th - 13th June 2026

𝗘𝘃𝗲𝗻𝘁𝘀
10 June - Registration for REIACT’s 2026 National Property & Strata Managers Day celebration to open on 10th June
12 June - Nominations for 2026 REIACT Awards for Excellence closing (4pm)
12 June - Wesson Fashion Runway Canberra featuring REIACT Members as models

𝗧𝗿𝗮𝗶𝗻𝗶𝗻𝗴
10 June - In-person AML training for REIACT Members at REIACT HQ - Morning (10am) and Afternoon (2pm) sessions available here: https://forms.cloud.microsoft/r/4eVzKRjkAG (limited slots)
ACT Licensed Agents (Class 1 & 2) - complete your CPD before 30 June, check the REIACT Training page for courses to help build your CPD (www.reiact.com.au/services/training/)

𝗲-𝗡𝗲𝘄𝘀
In case you missed it on 2nd June - please check your emails for important legislation, AML updates, training, events, plus compliance alerts

𝗥𝗲𝗺𝗶𝗻𝗱𝗲𝗿𝘀
Contact REIACT if you want to be part of the REIACT Board Committees
For Agency Principals, Sales Agents, Buyers Agents - register for the upcoming AML webinar here: https://www.reiact.com.au/services/training/
For Agency Principals - register for the rent roll valuation webinar here: bit.ly/reiactrentrollvaluation

We are delighted to welcome Prime Pace Properties to our REIACT Community! 👏