Emerging Stronger Together report released

Property Council WA has partnered with NS Group to produce Emerging Stronger Together: Leveraging the property industry to support Western Australia’s economic recovery.

The report includes 10 initiatives to support the State Government’s desire to ensure WA emerges from the pandemic with a diverse, sustainable and strong economy.

High-impact initiatives to create maximum leverage for the State and industry are: 

  • Creating demand
  • Cultivating public-private partnerships
  • City building
  • Creating an infrastructure pipeline
  • Asset sales
  • Creating the right settings for precinct energy initiatives
  • Overhauling property taxes
  • Investing in affordable housing
  • Establishing a new industries fund
  • Commercialising research 

Property Council WA Executive Director Sandra Brewer said in deploying the intellectual capital of the country’s best minds for the benefit of WA, Emerging Stronger Together supported the State Government’s objectives of ensuring WA taxpayers capture maximum value for funds spent; that spending underpins projects or enterprises that are sustainable in the longer-term and deliver the greatest possible benefit for the broader WA community.

Property Council WA and NS Group drew on the expertise of respected property and infrastructure leaders to ensure that the best minds devised sustainable initiatives to support the State Government’s efforts for a positive post-pandemic legacy.

Participants included senior executives of Deutsche Bank, AMP Capital, Bankwest, Minderoo, Mirvac, Hawaiian, Brookfield, Lendlease, Multiplex, EY, Foundation Housing, Masonic Care WA, Lavan, Iris Residential, Curtin University and more.

Property doyen Leftfield Chairman Greg Paramor, Dexus CEO and Executive Director Darren Steinberg and Wesfarmers General Counsel Maya van den Driesen also participated.

The report has been very successful in engaging the State Government and key decision makers since its launch earlier this month. The Property Council looks forward to continuing to work alongside the McGowan Government, and identify opportunities where the property industry can take a leading role in driving WA’s post-COVID-19 economic recovery.

To view the Emerging stronger together report please click here.

To view Property Council’s media statement, please click here.