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Parliamentary Questions

Question Without Notice No. 1258 asked in the Legislative Council on 29 October 2019 by Hon Peter Collier

Parliament: 40 Session: 1

Answered on

STATE ECONOMY — STAMP DUTY REBATE

1258. Hon PETER COLLIER to the minister representing the Treasurer:

I refer to the media release titled ''New stimulus measures to promote infill and job growth'' and the cost of $29 million.

(1) Will the Treasurer provide a breakdown of the cost, together with the estimated number of transactions, that will receive a subsidy for each of the following categories —

(a) first home buyers;

(b) foreign buyers who are eligible to pay the foreign buyers surcharge; and

(c) others?

(2) If not, why not?

Hon STEPHEN DAWSON replied:

I thank the Leader of the Opposition for some notice of the question. The following answer has been provided by the Treasurer.

(1)–(2) The proportion of first home buyers and foreign buyers will be confirmed over time as the rebate is taken up. However, foreign buyers make up only a small proportion of the total housing market in Western Australia, estimated at less than two per cent.