The chairman and chief executive team of Australia’s largest residential real estate company, Ray White’s Brian and Dan White, have not only retained all employees who were on JobKeeper, they have also started hiring.
The booming property market, lit by record low interest rates and growing at the fastest pace in 32 years, is driving huge employment gains in the real estate sector, which had been a big user of JobKeeper.
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Matthew Cranston was The Australian Financial Review’s United States correspondent.