Global Power | Local Knowledge | Uniquely Personal
中文

Action plan to boost Queensland...

Action plan to boost Queensland property sector

The Property Council of Australia has reactive positively to the Queensland government's Six-Month Action Plan.

The Queensland government has this week released details of its Six-Month Action Plan to drive the economic regeneration of the state, with potentially significant benefits for the property sector.

Among the proposals outlined by the authorities is the commencement of construction on the 1 William Street project, which is likely to kick-start the entire construction industry in Brisbane, with potential knock-on effects within the residential building sector.

The streamlining of planning permission applications is also likely to provide a boost to the property market, with time and money being saved on all construction projects.

The Property Council of Australia has reacted positively to the plan, particularly regarding the changes to infrastructure charges.

 

 

Queensland executive director of the Property Council, Kathy MacDermott, commented: "The Property Council has long advocated for a review of the state’s taxation system, and infrastructure charges form a crucial element of this much-needed reform."

All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

Subscribe Now