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Red tape reforms in Queensland offer some incentive for future investment

Earlier this month, Treasurer Tim Nicholls announced plans to reduce the amount of red tape surrounding the state's various business and construction markets, which could allow for more streamlined completion of these projects. 

This could be great news for those interested in taking out a home loan and securing their own Bulimba real estate over the coming months. Mr Nicholls said the goal was to generate an annual saving of $425million across the state – allowing for faster, more efficient economic growth in the future. 

Assistant minister for regulatory reform Lisa France supported these comments, stating that the plans to cut red tape could help reduce business costs and increase the number of employment opportunities in the region. 

"We have more than 500 red tape reduction initiatives underway delivering total savings of around $425million," said Ms France in a 5 November statement. Things like overhauling the planning process for project approval will save the state a huge $30million per annum – and this is just one of the proposed changes. 

Now could be a great time to consider looking into houses for sale in Bulimba and entering the Queensland market, especially with these degrees of growth expected over the coming months. 

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