The Property Council of Australia is pleased to make this submission in advance of the 2025-26 State Budget. As you know, the Property Council is the leading advocate for Australia’s property industry. Here in Queensland, we are proud to have more than 400 member companies who invest in, design, build and manage places that matter. Our members have a long-term interest in the future of our places and spaces, and are committed to creating great cities, strong economies and sustainable communities.
In Queensland, property has the largest economic footprint of any industry, producing $44 billion of Gross State Product, employing 290,300 Queenslanders and generating $34.3 billion in wages. Our industry also makes a major contribution towards tax revenues in Queensland, paying $16.8 billion in taxes, rates, fees and charges every year.