How government policies are affecting the commercial property market in Australia

Government policies are playing a crucial role in shaping the commercial property market in Australia. In an effort to promote sustainability and energy efficiency, policymakers have implemented stringent environmental standards, driving the adoption of eco-friendly commercial buildings. This has created new opportunities for developers and investors who prioritise green initiatives. Furthermore, government initiatives targeting affordable housing and mixed-use developments have transformed commercial precincts, diversifying the types of properties available. However, the tightening of lending criteria by regulatory authorities has made financing commercial projects more challenging, impacting both developers and potential buyers. To know more, read the article below.

Read more: https://www.commercialproperty2sell.com.au/blog/2023/05/how-government-policies-are-affecting-the-com.php