election ballot box
Image – Henry Thai,
  • Calls for extension and increase to first home builders grant
  • Government efficiencies need to improve, stormwater and electricity causing bottlenecks
  • $6 million needs to go into transport infrastructure

Tasmania heads to the polls a tomorrow fortnight (1 May), and The Property Tribune takes a look at the property policies going into the election.

On Wednesday, The Property Tribune looked at the housing policies of the two major parties.

Party policy recap

The Liberals said their money will go to 450 homes at the Hobart Showgrounds if elected, with a price tag of $42.15 million; 150 would be social and affordable housing. Labor one-upped the Liberals, committing to 490 homes at the lower cost of $37.8 million, a further $17.5 million going to social housing.

In other policy, the Liberals announced $4 million to help the building and construction sector, Labor proposing $15 million to guarantee apprenticeships for over-35’s.

Property Council Tasmania pitch

The five key issues the Property Council is pitching to the parties are:

  • Streamlining planning processes,
  • Efficient governance,
  • Eliminate disproportionate property taxation,
  • Population growth to drive economic activity, and
  • Transport infrastructure.

Better planning and governance

The Property Council is calling for the Tasmanian government to address inconsistencies and “excessive red tape”, which the Council said is causing project costs to go up significantly. Both state and local government planning processes could be better synchronised, at the moment it lacks certainty and transparency.

The issue isn’t restricted to Tasmania though, as widely reported, one of the issues arising from the home building boom nationwide is lack of coordination between agencies. It has caused a number of federal government grant recipients sleepless nights wondering whether construction will start in time for the commencement deadline.

The Council called its second point “removing the regulatory handbrake”, the essence is to ensure the government departments, agencies, statutory bodies, councils, all work together efficiently.

Part of the drive is said to be from poor experience as expressed by Property Council members in point 2.4 of the Council’s election platform, the Council said: “local government is inconsistent in its approach to a variety of policy matters, such as stormwater, vegetation retention and application fees; is under resourced to cater for complex development projects; and overzealous in seeking excessive up-front information from developers.”

The Property Council Tasmania also wanted consistent and equitable policy around infrastructure and public open space contribution requirements, also calling for improved electrical services from TasNetworks.

Finance, tax, and transport

State-based grants are also an area of focus, the Council is calling for grants to be extended beyond June this year and increase the amount by $10,000 to $30,000 in total.

In other policy, the Property Council is urging property tax reform is needed by 2025, for the state to drive migration to the state “more aggressively”, and for some $6 million to be put into funding and developing the transport infrastructure and public transport.

You May Also Like

Property and design firms to shine a light on First Nations at Melbourne Fashion Festival

the Urban Oasis Runway presented by Architectus, ADP Consulting, MPA and Slattery will be held on Friday 9 March at 7.00pm.

Heritage listed gaol to become boutique hotel

Development plans have been met with some resistance from the community following the $7 million sale.

Something for the weekend: $350M Whitsundays resort to be developed

Shute Harbour will be the home to a brand new resort

Property Council launches CBD VIP campaign to raise footfall in Perth city

The move comes on the day most COVID restrictions across WA were lifted

Top Articles

PropertyGuru Asia Property Awards (Australia) returns for its 7th edition, including several brand new award ...

This year's awards include several brand new categories, with entries closing 2 August 2024.

Housing crisis survival guide: How to buy your first Australian property

Three property experts give the low down on how to nab a home in this tough housing market.

Strata properties as investments: All you need to know about investing in a Perth unit

As the cost of renting approaches the cost of a mortgage, more people are investing in units to escape the rental trap.