STATE ECONOMY —
STAMP DUTY REBATE
1287. Hon COLIN TINCKNELL to the minister representing the
(1) Does the government acknowledge that the recently
announced 75 per cent stamp duty rebate for off-the-plan apartments is
not designed to help the residential construction industry as a whole, but only
the big-budget apartment developers, due to the fact that no residential houses
will be eligible for this rebate?
(2) With nearly 3
000 apartments currently for sale and over 2 500 for rent in the greater Perth
region, does the Treasurer feel this rebate will disadvantage those with
apartments currently available?
(3) What percentage of these multi-tiered development
rebates are expected to go to regional Western Australia?
STEPHEN DAWSON replied:
I thank the honourable member for
notice of the question. The following answer has been provided to me by the
(1) No, and
neither does the construction industry. In a 23 October media statement, the
Housing Industry Association said the policy —
... will mean a swift boost for
building activity which will be great for local jobs and give industry the
confidence to retain and train more workers �
''With more than 120,000
people employed in construction in WA, the positive impact of this initiative
will be felt across the entire home building supply chain.''
percentage of multi-tiered developments in regional Western Australia will be
determined by buyers and developers.