The Property Council of Australia welcomes the opportunity to make a submission to the State Development, Infrastructure and Works Committee forthe Revenue Legislation Amendment Bill 2024 (the Bill). 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 to Australians. They 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.