The property industry welcomed a raft of pro industry initiatives announced in the Liberals’ Alternative Budget including reducing red and green tape, reforming tax and planning as well as streamlining and simplifying the industry’s dealing with Government.
The Property Council’s Tasmanian Executive Director, Mary Massina, said it is good to see the Liberals acknowledgement and commitment to support the property industry through incentives and reforms.
“The Property Council welcomes initiatives targeted at the residential and commercial sectors as it is directly aimed at unshackling the industry from the economic straitjacket it has found itself in due to the increasing costs of investment in this State and the soft economy,” Ms Massina said.
“It is excellent to see the reforms which the industry has been calling for such as red and green tape reform, tax reform through reducing stamp duty for first home buyers/builders and reinstating the apprenticeship incentive scheme being fleshed out in this Alternative Budget.
“Furthermore, planning, tendering and procurement reforms as well as simplifying the interactions between the industry and government through a centralised property facilities unit, have been taken on board and will be actioned if the Liberals are elected.”
“These initiatives, combined with freezing developer charges mean this Alternative Budget is targeted at unlocking investment and creating jobs.
“The property industry is the biggest private sector industry in this State and generates some $5billion in economic activity – it is vital for Tasmania the industry is allowed to get on and do its job.
“Today, the Liberals have acknowledged the importance of the industry and have committed to supporting it and the 40,000 Tasmanians who work directly and indirectly for the industry,” Ms Massina said.
Property Council Tasmania Executive Director, Mary Massina
