MEDIA STATEMENT: Re-engaging with the property industry to ease housing crisis 

Re-engaging with the property industry to ease housing crisis 

• The Crisafulli Government will re-establish the Property Consultative Committee.
• The Committee was forgotten under Labor and has not met regularly since 2019.
• Industry, Treasury and Queensland Revenue Office will meet to discuss the implications of policy settings to ease housing pressure. 

The Crisafulli Government will re-establish a key conduit between Treasury and the property industry to drive housing construction and help deliver a place to call home for more Queenslanders.  

The Property Consultative Committee is the main body assisting Treasury and the Queensland Revenue Office to discuss the implication of policy settings and improve revenue administration as it applies to housing and the property market. 

Prior to 2019, the Committee met regularly, but this important forum linking the property sector and the government was forgotten by Labor. 

Representatives from industry associations will be joined on the Committee by senior members of Treasury and Queensland Revenue Office. 

The Crisafulli Government is delivering a place to call home for more Queenslanders by abolishing stamp duty on new builds for first home buyers, unlocking church and charity-owned land for community housing and allowing first homeowners to rent out rooms without facing financial penalty.  

Treasurer, Minister for Energy and Minister for Home Ownership David Janetzki announced the reformation of the Committee in a speech at a Property Council of Australia event in Brisbane on Tuesday. 

He said the Government was dedicated to regularly engaging with the industry to reduce regulatory impediments and supply constraints to help ease housing pressures. 

“This Crisafulli Government is delivering a place to call home for more Queenslanders by removing the barriers to building and unlocking home ownership,” Treasurer Janetzki said.

“We are listening to industry and experts about what’s happening on the ground to reduce regulatory impediments, and get more homes out of the ground, sooner.  

“After Labor’s Housing Crisis, we must pull every lever to deliver the homes needed for Queenslanders, which includes engagement with industry.

“The Crisafulli Government has a plan to deliver one million homes over the next two decades but only through genuine engagement and collaboration can we deliver the reforms to meet this goal.

“By bringing together industry with Treasury on a regular basis, the Property Consultative Committee provides a forum to discuss emerging opportunities, market conditions, and to discuss the practical implications of policy settings.” 

Treasurer Janetzki said the Committee had not met regularly in recent years despite massive upheaval and significant pressure on housing. 

“The former Labor government had closed the door to industry which resulted in fewer homes being approved and built over the past decade and led to Labor’s Housing Crisis,” he said. 

“Labor turned its back on regular engagement with the property industry at a time when it needed its support on critical policy challenges more than ever. 

“The events of the past five years should make the consequences of failing to partner with industry clear, and the new Government is turning the page.” 

ENDS