The aim of tax reform should be to grow the economy and that means targeting our worst economic taxes like stamp duty.
In the most urbanised country in the world, Australia’s productivity challenges need to be solved in our cities.
With the right reforms, property can deliver the economic gains the nation is looking for.
Creating a strong and stable pipeline of new housing supply to take the pressure off prices.
Strong infrastructure pipelines and clear city growth policies to make our cities more productive and better connect communities with the jobs and services they need.
Growing the economy by overhauling the tax system to reduce the burden on property and improve housing affordability.
Streamlining planning rules and assessment processes to reduce cost and delays, and ensuring clear long term plans are in place for our cities, suburbs and CBDs.
Promoting smart policies to improve the uptake of energy efficiency and clean energy, and incentivise best practice development and community creation.
Targeting red tape reduction to lift productivity, encourage innovation and reduce the time and cost of doing business.
Billion in GDP
property contributes 1/9th of Australian GDP, more than any other industry
Billion in Wages
more than 1 in 4 Australians draw their wage from the property industry
million Jobs
property is Australia’s second largest employer creating 1.1 million direct jobs and support another 1.5 million
Billion in Taxes
the property industry pays 16% of total Australian,State/ Territory taxes, local government rates, fees and charges