❓ Dr. Steve Thomas questions the Treasurer on revenue generated and number of property transfers affected by the foreign buyers surcharge in WA. The Treasurer provides figures for 2018-19, 2019-20, and partial data for 2020-21.
AnsweredQoN 331Legislative Council
QuestionView source ↗
FOREIGN BUYERS SURCHARGE — REVENUE
331. Hon Dr STEVE THOMAS to the minister representing the
Treasurer:
I refer to the McGowan government's
foreign buyers surcharge, which was announced in the 2017 state budget as four
per cent and increased to seven per cent in May 2018.
(1) What income
has the foreign buyers surcharge raised for each of the financial years 2018–19,
2019–20 and 2020–21?
(2) How many transfers of
residential property did the surcharge apply to in each financial year?
331. Hon Dr STEVE THOMAS to the minister representing the
Treasurer:
I refer to the McGowan government's
foreign buyers surcharge, which was announced in the 2017 state budget as four
per cent and increased to seven per cent in May 2018.
(1) What income
has the foreign buyers surcharge raised for each of the financial years 2018–19,
2019–20 and 2020–21?
(2) How many transfers of
residential property did the surcharge apply to in each financial year?
AnswerView source ↗
I thank the Leader of the
Opposition for some notice of the question. The following answer has been
provided to me by the Treasurer.
(1) In 2018–19, it was $5 504 212.70; in 2019–20,
it was $19 039 018.50; and in 2020–21, as at 31 March 2021 , it
was $11 706 000.
(2) In 2018–19,
it was 208, and in 2019–20, it was 570. The data for 2020–21
will be available at the end of the financial year.
Opposition for some notice of the question. The following answer has been
provided to me by the Treasurer.
(1) In 2018–19, it was $5 504 212.70; in 2019–20,
it was $19 039 018.50; and in 2020–21, as at 31 March 2021 , it
was $11 706 000.
(2) In 2018–19,
it was 208, and in 2019–20, it was 570. The data for 2020–21
will be available at the end of the financial year.
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.