The Property Council welcomes the Commission’s 5 productivity inquiries into a broad range of issues and policy settings impacting domestic economic growth and the competitiveness of Australia’s businesses. Our industry represents a critical opportunity to unlock broader economic benefits through innovation, technology, emissions abatement and skilled workforces, ready for the future.
In a constantly changing global environment, how we better finance, plan, connect and supply the commercial, industrial and residential assets our cities need will be essential to Australia growing well over the next decade. State and territory planning systems that have failed to evolve with our changing communities and lifestyles, and labour scarcity and tax regimes that repel foreign investment are handbrakes on the productivity engines that are our major cities.
A dynamic and resilient economy, workforce capacity and capability, data and technology and the clean energy transition are critical to the continued success of Australia’s building environment sector – which in turn significantly contributes to the wellbeing and prosperity of Australians. Building on our pre-election platform -‘A pro-cities, pro-investment agenda‘ – our submission sets out the policy settings we need to unlock productivity and boost overseas investment to create the city assets we need.
