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Green priorities highlighted by the PCA

The PCA has issued its agenda for 2013.

The Property Council of Australia (PCA) has announced its agenda for 2013, in which it outlines a focus on promoting greener developments.

Launched by Property Council executive director Joe Lenzo, the statement includes necessary reforms that would promote more sustainable development and would also lead to a capitalisation on economic growth in Western Australia in particular.

The details of the proposals include a review of tax, such as lower concessions for stamp duty, while at the same time it calls for legislation amendments to enable Environmental Building Upgrade Agreements in Western Australia.

Other issues tackled include greater incentives for superannuation and managed funds to provide capital to the construction sector.

Mr Lenzo commented: "Western Australia is entering a new era of hyper-construction around regional mining centres and major city projects."

The news follows the release of a new paper from the Queensland Competition Authority calling for greater attention to be paid to the regulatory burden on developers operating in the state.

Posted by Craig Francis

- PCA, property, construction, duty, stamp, superannuation

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