Mr Nalder questions the Premier regarding negative feedback from the UDIA on the stamp duty relief package, particularly its impact on mum-and-dad home builders and the apartment market. The Premier defends the policy, highlighting its job creation benefits and support from other industry bodies.

AnsweredQoN 984Legislative Assembly
Asked
30 October 2019
Portfolio
Premier

QuestionView source ↗

STATE ECONOMY — STAMP DUTY REBATE
984. Mr D.C. NALDER to the Premier:
I refer to the correspondence
circulated by the Urban Development Institute of Australia to all its members
that it had received significant negative feedback on the stamp duty relief
package. Does the Premier accept the industry concerns that mum-and-dad home
builders completely miss out on the government's stimulus, and that the
government has effectively stranded more than 2 500 apartments constructed or
under construction and has potentially devalued the entire apartment market?

AnswerView source ↗

The shadow Treasurer writes
columns, and that now passes for policy by the opposition. The day before we
made an announcement, when the opposition got a whisper that the announcement
was coming, it cobbled together a virtually unreadable column, which is now
policy, demanding tax cuts. We went out and announced the tax cuts, and then
members opposite came in here and whinged about it. We cannot win with some
people! Our policy is designed to ensure that we bring forward construction in
the apartment market, particularly high-rise, which is not only intensive for jobs and capital investment,
but also great for creating density around the city centre, train stations and areas where we want to see activity, like our Metronet rail lines. That is
what our policy is designed to do; it is designed to create jobs. I was there
the other day with Tanya Steinbeck from the UDIA, the Housing Industry Association, the Master Builders Association of WA
and the Property Council of Australia, and they were all lauding the
policy. The only people, or the only organisation—I will put it that
way—in Western Australia that does not support a tax cut is the Liberal
Party.
Several members interjected.
The SPEAKER : Members to my
right!

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