NewsBite

JobKeeper concerns fade as housing engine fires up

Matthew Cranston
Matthew CranstonUnited States correspondent

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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.

Loading...
Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Economy

Fetching latest articles

Most Viewed In Policy

    Original URL: https://www.afr.com/policy/economy/jobkeeper-concerns-fade-as-housing-engine-fires-up-20210414-p57j21