Industry vision to support WA’s recovery

Property Council WA, on behalf of more than 2 members, has outlined its 2020-21 State Budget proposals to help energise WA’s economy.

Despite the challenging conditions, all levels of government have acted decisively to support the economy and jobs. However, as the financial impact of the pandemic continues, it is crucial that policy settings are sensible and sustainable as this will be essential as the industry supports the State’s economic recovery.

In the context of a post-COVID-19 environment, Property Council WA has outlined seven proposals to energise the State’s economy and to support the industry’s role in creating prosperity, jobs and strong communities for future generations.

The proposals are for the State Government to:

1. Create a competitive environment with no increases to property taxes  

2. Champion a Build-to-Rent sector in WA

3. Collaborate with industry on Disability-Friendly Housing

4. Remove Foreign Buyers Duty to attract overseas capital

5. Attract interstate migration

6. Initiate Public Private Partnerships to build better communities

7. Retain Housing Incentives to expedite WA’s recovery

You can read the detail of our submission, designed to drive a healthy and strong economic future for WA, here.