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Parliamentary Questions

Question Without Notice No. 531 asked in the Legislative Council on 9 June 2020 by Hon Charles Smith

Parliament: 40 Session: 1

Answered on 9 June 2020

CORONAVIRUS — BUILDING BONUS

531. Hon CHARLES SMITH to the minister representing the Treasurer:

I refer to the recent announcement that the McGowan Labor government is offering a non–means tested $20 000 subsidy for property purchasers.

(1) Can the government confirm that $20 000 of Western Australian taxpayer money will be available to billionaires, foreign investors and east coast property speculators under this scheme?

(2) Does the government concede that millions of dollars would be better spent on boosting WA's social housing and that this would be more equitable and far less wasteful and do far more to stimulate construction than gifting money to those who would have purchased anyway?

Hon STEPHEN DAWSON replied:

I thank the honourable member for some notice of the question.

(1) Consistent with the objective of stimulating activity and supporting local jobs in the state's recovery from the COVID-19 pandemic, the government's $20 000 building bonus will be available to anyone who chooses to build a new detached dwelling or a new dwelling in a single-tiered strata scheme and enters into a contract between 4 June 2020 and 31 December 2020. It will be available to employ local bricklayers, carpenters, electricians, plumbers and other Western Australian tradespeople.

(2) On 7 June 2020, the same day as the $20 000 building bonus was announced, the government also announced a $319 million social housing economic recovery package to build, buy, renovate and maintain social housing across the state. This substantial investment is in addition to the 19 May 2020 announcement that the government was bringing forward the previously approved $150 million housing investment package.