It is election season and last week the Property Council went through its own cycle, with the formation of a new national Board and the election of JLL CEO Stephen Conry as our new National President. Our enormous thanks goes to Mirvac’s Susan Lloyd-Hurwitz for her tremendous leadership over the past two years as president.
One of the vital ingredients of any successful organisation is the quality of its Board. The Property Council is fortunate to have a very strong mix of national and local leaders to steer the organisation, and the staff team looks forward to working with them.
Every federal election matters in setting the direction for our country, but this year’s election comes at an especially critical time for the property industry.
With declining industry confidence, drops in building approvals and construction levels, and clear warnings from the Treasury and the IMF about the risks to the Australian economy of the downturn in our housing markets, our politicians and policy-makers need to be vigilant about the challenges ahead. They also need to have a good housing contingency plan if that’s what the Australian economy needs.
Our five point plan for prosperity, jobs and strong communities in our 2019 federal election platform sets out the policy initiatives that should be taken up by whoever forms government at the election. These range from the big picture settings around population, tax and investment through to the deliverables such as City Deals, cutting red tape and improving energy efficiency.
During the upcoming election campaign and beyond, we’ll continue to lead the charge for the best policy outcomes to support our industry and the contribution it makes to creating great places and generating prosperity for all Australians.