❓ Mrs Munday asks about upcoming budget measures to accelerate housing supply and affordability, particularly for first home buyers and downsizers. The Treasurer outlines stamp duty concession expansions and accuses the Liberal Party of undermining planning reforms by collaborating with the Greens.
AnsweredQoN 137Legislative Assembly
QuestionView source ↗
Housing supply
137. Mrs Lisa Munday to
the Treasurer:
I refer to the Cook
Labor government's expansion of stamp duty concessions. Can the Treasurer
please outline to the house how the upcoming state budget will deliver new
measures to accelerate housing supply and improve affordability, and can the
Treasurer also please advise the house how these measures will support Western
Australians who are buying their first home, as well as those looking to
downsize?
137. Mrs Lisa Munday to
the Treasurer:
I refer to the Cook
Labor government's expansion of stamp duty concessions. Can the Treasurer
please outline to the house how the upcoming state budget will deliver new
measures to accelerate housing supply and improve affordability, and can the
Treasurer also please advise the house how these measures will support Western
Australians who are buying their first home, as well as those looking to
downsize?
AnswerView source ↗
I thank the member
for that question. It was a great privilege to be at the Urban Development Institute
of Australia presentation this morning, where we could outline myriad
commitments of measures to support housing in Western Australia. On this side
of the house, we support new housing supply. We want to make sure we continue
to drive housing supply and provide housing choice and diversity to make sure
our young people get a chance to enter the housing market and our older people
get the choice to downsize in their suburbs. It was my great pleasure to
announce a new measure in relation to stamp duty concessions, and that is that
we are expanding the existing threshold for the concession on stamp duty. It
means we are extending the concession for units under construction and off the plan
for another two years. We are expanding it to include not only apartments and townhouses,
but also duplexes and survey strata. We are expanding it. We are also
increasing the threshold, which means more homes can receive that concession.
As I said, this is all about opening the door for young people and making sure
we increase supply. All the measures that we commit to are about increasing
supply, because we know that we do not have a demand problem; we have a supply
problem. That is why we continue to deliver commitments that increase supply.
But there was some
concern in that audience today. The concern was people coming up to me not
understanding why the Liberal Party would be joining with the Greens to try to
wind back planning reform in this state. There were concerns about what is
happening with the upper house committee and the actions by Hon Anthony
Spagnolo, where, in evidence through the committee, he is wanting to gag
property industry groups, asking them not to speak out against that committee.
He wants to gag industry groups for daring to support the government and
criticising that committee. That committee is out there trying to undermine
confidence. It is an alliance between the Liberal Party and the Greens, and
there are members of the development industry who have come up and said, "We
cannot believe the Liberal Party and the Greens are working together to try to
undermine housing supply in this state." That upper house member of the
Liberal Party in that committee is trying to put pressure on industry groups to
stop their support for the government, and, of course, industry groups are
concerned about this committee, because it is undermining confidence in the
planning system and trying to unwind all the reforms that they have been
working for. We have the Liberal Party trying to undermine the planning system
and trying to gag property industry groups. They cannot believe what has
happened to the Liberal Party. They cannot believe there is a Liberal Party out
there working with the Greens trying to stop development in this state.
for that question. It was a great privilege to be at the Urban Development Institute
of Australia presentation this morning, where we could outline myriad
commitments of measures to support housing in Western Australia. On this side
of the house, we support new housing supply. We want to make sure we continue
to drive housing supply and provide housing choice and diversity to make sure
our young people get a chance to enter the housing market and our older people
get the choice to downsize in their suburbs. It was my great pleasure to
announce a new measure in relation to stamp duty concessions, and that is that
we are expanding the existing threshold for the concession on stamp duty. It
means we are extending the concession for units under construction and off the plan
for another two years. We are expanding it to include not only apartments and townhouses,
but also duplexes and survey strata. We are expanding it. We are also
increasing the threshold, which means more homes can receive that concession.
As I said, this is all about opening the door for young people and making sure
we increase supply. All the measures that we commit to are about increasing
supply, because we know that we do not have a demand problem; we have a supply
problem. That is why we continue to deliver commitments that increase supply.
But there was some
concern in that audience today. The concern was people coming up to me not
understanding why the Liberal Party would be joining with the Greens to try to
wind back planning reform in this state. There were concerns about what is
happening with the upper house committee and the actions by Hon Anthony
Spagnolo, where, in evidence through the committee, he is wanting to gag
property industry groups, asking them not to speak out against that committee.
He wants to gag industry groups for daring to support the government and
criticising that committee. That committee is out there trying to undermine
confidence. It is an alliance between the Liberal Party and the Greens, and
there are members of the development industry who have come up and said, "We
cannot believe the Liberal Party and the Greens are working together to try to
undermine housing supply in this state." That upper house member of the
Liberal Party in that committee is trying to put pressure on industry groups to
stop their support for the government, and, of course, industry groups are
concerned about this committee, because it is undermining confidence in the
planning system and trying to unwind all the reforms that they have been
working for. We have the Liberal Party trying to undermine the planning system
and trying to gag property industry groups. They cannot believe what has
happened to the Liberal Party. They cannot believe there is a Liberal Party out
there working with the Greens trying to stop development in this state.
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