Property Council of Australia in Brisbane, Queensland, Australia | Non-profit organisation

Property Council of Australia

Locality: Brisbane, Queensland, Australia

Phone: +61 7 3225 3000

Address: Level 6, 300 Queen Street 4000 Brisbane, QLD, Australia

Website: http://www.propertycouncil.com.au

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25.01.2022 Queensland Foreign Land Tax Surcharge Briefing

25.01.2022 As part of our Queensland election policies and together with community housing providers we have developed a plan to deliver 53,000 new social and affordable housing. Can Queensland afford to miss the opportunity to partner with the private sector and community housing providers to provide more housing for our most vulnerable? QCOSS ... https://hubs.ly/H0vykL00

24.01.2022 The Property Council has issued a media release in response to the Queensland Governments COVID-19 Fiscal and Economic Review. You can view the media release by clicking the link: https://hubs.ly/H0vM2sm0

23.01.2022 Following strong advocacy from the Property Council, the Queensland Government has announced $400 million in land tax relief to support landlords and tenants impacted by COVID-19. By granting this relief, the Queensland Government is rightly supporting outcomes that ensure the economic impact is shared fairly among tenants, landlords, financiers and the government said Queensland Property Council Executive Director Chris Mountford

22.01.2022 Its 20 years this week since the Sydney Olympics and Queensland has an opportunity to be the next state to host an Olympic Games. As part of our election policies the Property Council is supporting the Council of Mayors bid to host the 2032 Olympics. Scott Smith, Chief Executive Officer of SEQ Council of Mayors in his article published by InQueensland discusses the potential gains from hosting the Olympics, and how it can be a weapon in reigniting the economy post COVID-19. https://hubs.ly/H0wlmRQ0

22.01.2022 Ahead of the Queensland election we are continuing to put forward bold policy ideas to stimulate economic activity. With population growth expected to slow in the short term, there is an opportunity for an incoming Government to launch a population policy and relocation campaign to attract interstate migration. There is no doubt that Queensland’s economy is at its best when our population is growing. However, we need to create and promote both job opportunities and a clear va...lue proposition on the benefits of interstate migration To read more about this policy visit our election website. https://hubs.ly/H0xNvP50

21.01.2022 The Property Council has joined forces with the Urban Development Institute of Australia (UDIA) and Housing Industry Association (HIA) to advocate for a $600 million catalyst infrastructure fund injection. The funding would help Queenslands economy recover from COVID-19 by delivering critical infrastructure, creating jobs and unlocking private sector spending.

21.01.2022 QCOSS and the Property Council have teamed up to call for increased investment in social and affordable housing. With less cranes in the sky, a skilled workforce, and more than 47,000 people on the social housing wait list LETS GET ON WITH IT! https://hubs.ly/H0vxxbZ0

21.01.2022 Our Brisbane CBD retailers are doing it tough due to many people still working from home. To assist retailers and bring people back to the CBD the Property Council of Australia has put forward a proposal to offer free public transport for a month. Thanks to Georgie Chumbley and 7NEWS Brisbane for covering this story last night.... Push to discount public transport in the Brisbane CBD https://hubs.ly/H0vNbv00

21.01.2022 Since the launch of the Property Council Queensland election campaign we have spoken about a range of issues. One of the key issues we raised this week was to encourage people back to the CBD. COVID-19 has had a major impact on the vibrancy of the CBD but it remains the centre of our economy and we need to get the economic blood pumping through it once again. You can view our policy document on the CBD along with all of our election policies through the link below:... https://hubs.ly/H0w7vqp0

20.01.2022 Yesterday the Prime Minister announced a multibillion-dollar manufacturing strategy. Queensland is well placed to facilitate this strategy but we need to provide the tax and policy settings to be an attractive investment destination. Ahead of the Queensland election we are calling for an incoming Government to deliver a clear value proposition for potential investors in industrial land. This includes lower taxes and planning regulation changes.... You can read more about our industrial on-shoring policy through our election website. https://hubs.ly/H0x5JN40

20.01.2022 The Property Council is putting forward 7 reforms that will return Queensland to the low tax state and drive new job-generating investment. Check out our policy document for the full list of solutions. https://hubs.ly/H0vlNlM0

20.01.2022 With plenty of speculation about the Queensland election delivering a hung parliament, the Property Council team are taking a closer look at the minor parties policies ahead of election day. This week we have reviewed the Queensland Greens plan to create a Queensland Housing Trust. Check out our analysis through the link below. https://hubs.ly/H0w2b_K0

20.01.2022 The Property Council welcomes Brisbane City Councils Universal Housing Design Incentive which highlights the power of the private and public sector working together to provide positive housing outcomes for all.

20.01.2022 Townsville can shine with the help of private investment and population growth. But not without a clear economic plan and incentives to lower the cost of business, says the Property Council.

19.01.2022 With a significant drop in commercial construction activity there is a skilled workforce ready to work on major projects. There is an opportunity for the Government draw on this workforce, by partnering with the private sector to deliver much needed social infrastructure. Projects like Herston Quarter show what can be achieved through public and private partnerships. Our election policy on Social Infrastructure contains four bold opportunities that an incoming Government coul...d progress. Check out our election website for more details. https://hubs.ly/H0ybJFS0

19.01.2022 2020 Retirement Living Outlook Breakfast

18.01.2022 The Property Council, in conjunction with the Urban Development Institute of Australia and the Housing Industry Association have submitted a letter to Lord Mayor Adrian Schrinner Chair of the Council of Mayors South-East Queensland, advocating for a regionwide policy initiative to offer infrastructure charge concessions to stimulate the property and construction industry throughout and beyond the COVID-19 crisis.

18.01.2022 The release of today’s ANZ/Property Council survey shows Queensland had a slight uptick in confidence from the previous quarter. However, Queensland is yet again at the back of the pack in comparison with other states. Respondents to the survey have identified ‘vibrant city centres’ as a critical issue needing to be addressed by State Governments. Ahead of the election the Property Council is calling for an incoming Government to undertake a ‘CBD heart’ campaign to get people... back to the CBD. You can read more about this policy on our election website. Thanks to ANZ for their continued support of the survey, along with our supporting sponsor RCP Australia. https://hubs.ly/H0y0lhk0

17.01.2022 Today, the 1st of October, marks the 4 year anniversary since the Queensland Government introduced the 3 per cent Additional Foreign Acquirer Duty on residential land. Since this time it has been increased to 7 per cent, and an additional 2 per cent foreign land tax surcharge has been introduced. Ahead of the Queensland election we are calling for the removal of these uncompetitive taxes, to encourage foreign investment in new projects. Ultimately, this investment will create... local jobs, with the Department of Foreign Affairs and Trade estimating that for every $1 billion of foreign direct investment, more than 1,000 Australian jobs are created. To read more about our policy head to our election website. https://hubs.ly/H0xfrYH0

17.01.2022 The Townsville region is shaping up as a key battle ground ahead of this month’s election, with Jobs and economic recovery central issues of the campaign. The private sector will play a key role in addressing these issues. Today’s Townsville Bulletin features a column from Chris Mountford, our Queensland Executive Director, discussing the election policies the Property Council is putting forward to unlock private sector investment. You can read more about our election policie...s on our election website. https://hubs.ly/H0xXY8R0

17.01.2022 Queensland Parliament is set to discuss the National Cabinets Mandatory Code of Conduct for SME Commercial Leasing Principles During the COVID-19 crisis. The Property Council has engaged extensively with the State Government on the implementation of this code in Queensland. We will ensure that members are kept up to date with the development of this legislation.

16.01.2022 2020 Future Directions Outlook

16.01.2022 The results of the latest ANZ/Property Council survey show that confidence in Queenslands property sector has been severely impacted by COVID-19. Property tax relief measures will be absolutely critical in assisting businesses to survive this crisis and to generate new job creating opportunities said Queensland Property Council Executive Director Chris Mountford.

14.01.2022 2020 Office Market Report Breakfast

14.01.2022 The Property Council has launched its 2020 Queensland Election Priorities. COVID-19 has thrown a range of challenges at us, and given Queenslands current level of debt, we cannot rely on the States balance sheet to spend our way out of recession. A key to our economic recovery will be attracting private investment in job-generating projects. Now is the time to be bold, innovative, and move policy ideas out of the too hard basket. Great ideas are out there-many costing ...Government little to nothing to implement, but providing billions of dollars of investment and jobs in return. CAN QUEENSLAND AFFORD TO MISS THE OPPORTUNITY? LETS GET ON WITH IT! Visit our dedicated website to see all of our ideas for a stronger Queensland economy. https://hubs.ly/H0vl3yw0

13.01.2022 The Property Council have joined with the UDIA and HIA in writing to Queensland Treasurer Cameron Dick to advocate for a temporary reduction to stamp duty to support residential construction activity.

13.01.2022 Brisbane City Council has passed amendments limiting the development of townhouses. The Property Council has warned the amendment will impact the delivery of housing diversity and affordability. https://www.theaustralian.com.au//24411f60bceb962d04b7f7b1

13.01.2022 Today marks the official start of the Queensland election campaign. Over the last month the Property Council has been discussing and prosecuting our detailed set of policies and will continue to do this up until the election. We have had great engagement with the parties with a clear message that now is the time to be bold, innovative, and move policy ideas out of the 'too hard basket'. Great ideas are out there-many costing Government little to nothing to implement, but prov...iding billions of dollars of investment and jobs in return. CAN QUEENSLAND AFFORD TO MISS THE OPPORTUNITY? LET'S GET ON WITH IT! To read more about our policy head to our election website. https://hubs.ly/H0xsyf60

12.01.2022 Earlier this week the Property Council along with the National Retail Association and the Restaurant & Catering Industry Association called on the Queensland Government to offer free public transport for a month along with a range of other measures to bring people back to the Brisbane CBD. The need for these measures are reinforced through Data we have released today showing Brisbane office buildings are only sitting at 45 per cent occupancy compared to pre-COVID. Lets get on... with it! https://hubs.ly/H0vXmVM0

12.01.2022 We need to harness the power of the private sector to lift the trajectory of the economic recovery. As part of the our election policies we have identified 4 stimulus measures that an incoming government could leverage to attract investment. You can read more about our investment attraction policy on our election website.... https://hubs.ly/H0yz3Cm0

12.01.2022 The Queensland Government has released its response to the recommendations of two independent reports into its building industry fairness reforms: the Building Industry Fairness Reforms Implementation and Evaluation Panel and the Special Joint Taskforce. The Governments timeframe for the roll-out of Project Bank Accounts, outlined below, is more gradual than the one proposed by the review panel. 1 July 2020: Application to all Government building projects above $1m, includ...ing Health and Hospital Services 1 July 2021: Application to all building projects in Queensland above $10m 1 January 2022: Application to all building projects above $3m 1 July 2022: Application to all building projects above $1m See more

10.01.2022 We need to harness the capacity of the private sector to lift the trajectory of our economic recovery. With the property industry being one of the most heavily regulated industries, reducing red and green tape provides an opportunity to unlock jobs and investment. You can read more about our red and green tape election reduction policy on our website.... LET’S GET ON WITH IT! https://hubs.ly/H0xMBXt0

10.01.2022 The Property Council of Australia congratulates the Palaszczuk Government on their success in the 2020 State Election. After a challenging year, the Property Council is keen to work with the re-elected Palaszczuk Government to tackle Queensland’s economic rebuild, Property Council Queensland Executive Director, Chris Mountford, said. For the first time, the Government will have an extended four-year term to embark on bold and ambitious policy making and implement the new i...deas that Queensland and our economy needs to spark growth and to create jobs. Property is Queensland’s biggest employing industry, however, confidence has been flat for some time. This is why the Property Council’s election platform focused on policies that will provide the private sector with the confidence to invest, grow, and employ more Queenslanders. The Government’s commitment to no new or increased taxes is an essential step in supporting the industry in a post-COVID Queensland. https://hubs.ly/H0z39Rf0

09.01.2022 The Property Council is calling on the Queensland Government to match the NSW Governments land tax incentives for Build-to-Rent housing, to attract large-scale private investment into the states rental stock. Todays Courier Mail highlights the need to drastically change Queensland tax settings to attract private sector investment and thousands of construction jobs at a time when we need them most. https://hubs.ly/H0vG3v50

07.01.2022 This week we shine the spotlight on the United Australia Party’s policy to abolish land tax. It is highly unlikely that any elected Government will completely forgo the revenue of land tax as suggested. Therefore, the Property Council is advocating for a resetting of regressive land tax thresholds and removing foreign lax surcharges to increase Queensland’s competitiveness and encourage private sector investment. Check out our analysis through the link below.... https://hubs.ly/H0xHCSk0

07.01.2022 It was a big weekend for Build-to-Rent announcements. The Queensland Government announced the preferred proponents of the much anticipated Build-to-Rent Pilot Project on Saturday. The following day the LNP opposition announced they would implement a 75% land tax discount and provide foreign investor tax exemptions for eligible Build-to-Rent projects. The LNP announcement exceeds the NSW Government’s land tax incentives, and aligns with what the Property Council has been calli...ng for ahead of the election. You can read more about the announcements and our election policies on our website. https://hubs.ly/H0xtg_g0

07.01.2022 Following the release of our Queensland election priorities yesterday the Property Council of Australias Queensland Executive Director Chris Mountford has penned an opinion piece in todays Courier Mail. "Bigger, bolder changes to the Queensland Government policy playbook will be needed to unlock the potential for private investment to work in parallel with government investment to fuel our economic recovery." https://hubs.ly/H0vqqc_0

06.01.2022 Tune into the Property Councils livestream featuring Queensland Opposition Leader Deb Frecklington and Deputy Opposition Leader Tim Mander. This livestream will provide an opportunity to hear about the LNPs election agenda for Queenslands property industry as well as the oppositions plan for economic recovery. The livestream will begin at 10.30am on Tuesday the 21st of July. To register, please click the link below. https://www.propertycouncil.com.au/web/EventDetail

06.01.2022 Industry groups including the Property Council of Australia, National Retail Association and the Restaurant & Catering Industry Association are calling for free public transport and a range of other measures to bring people back to the Brisbane CBD. Todays Courier Mail covers the story as part of its Kick-Start Queensland campaign. https://hubs.ly/H0vM0_x0

06.01.2022 The Property Councils Office Market Report highlights that there is a strong demand for commercial tenancies in Brisbane. Recent increases to office stock have muted the positive results in the short term, however, there are highly encouraging signs as Brisbanes economy moves into the future.

06.01.2022 2020 Retail Market Outlook

05.01.2022 Todays Courier Mail article - Kick-start Queensland: Skys the limit for jobs under roadmap provides some insight on the challenges facing Queenslands economy. For the property industry one of the challenges is increasing taxes. As noted in the article the property industry has been hit with nine new or increased taxes since 2016. Addressing this issue is a key plank of our Queensland election priorities. Our Queensland Executive Director Chris Mountford said Queensland ...risked losing business to other states because of the nine new or increased taxes since 2016. In this current economic crisis, the impact of these tax hikes will be acutely felt in the economy and leave us falling behind other jurisdictions, he said. The article also discusses the drop in the number of cranes, with Queensland Division Council member and Rider Levett Bucknall Queensland Managing Director David Stewart, whose global quantity surveying firm authors the crane index, saying the trend appeared to be businesses cutting their prices to keep their teams and workers together, ready for better times. https://hubs.ly/H0vlynC0

05.01.2022 One more sleep until the event that stops the city! Tomorrow, over 1,700 property professionals will come together to kick off the festive season. Thank you to Principal Sponsor, Rider Levett Bucknall, with 2019 marking 14 years of support of this event. We look forward to seeing all those registered tomorrow. #PCAChristmasParty

05.01.2022 2020 Property Market Outlook

05.01.2022 It is excellent to see a renewed focus on the delivery of major long-term infrastructure projects to service South East Queenslands growing population. The delivery of an SEQ City Deal will ensure the region has a strategy in place to facilitate this growth through a coordinated approach.

04.01.2022 The Queensland Government has confirmed in the Mid-Year Fiscal and Economic Review that it will introduce a more expansive foreign land tax surcharge exemption framework than was originally forecast in the June Budget. After months of advocating to the Government about the importance of an expanded exemption framework in reducing the impact of the surcharge on Queenslands investment competitiveness the Property Council has welcomed the decision.

03.01.2022 At today’s Property Council of Australia’s Queensland Breakfast Briefing: Sporting Precinct Plays, the conversation was about unlocking the potential of our precincts and leveraging large-scale investment in sporting infrastructure. One of our 20 election policies promotes the importance of Government placing a concerted focus on the role of precincts in delivering vibrant, innovative cities. Rather than investing solely in transport or sporting infrastructure that will deliv...er a singular outcome, the Property Council is keen to see a more holistic view of how investment can be leveraged to create a multiplier effect- delivering triple bottom line returns. You can view our precincts policy on our election website. https://hubs.ly/H0yHHYp0 Thanks to our long term corporate partner and sponsor of today’s event Springfield City Group.

03.01.2022 Today marks 18 months since the Statement of Intent for the SEQ City Deal was signed by all three levels of government, and the occasion was marked at a Property Council luncheon. A lot has happened since this time including the decision to delay the deal until 2021 due to COVID-19. Ahead of the October election the Property Council is calling on all political parties and other levels of government to commit to finalising the SEQ City Deal quickly, and with strong industry co...nsultation. A SEQ City Deal is the type of bold thinking that is needed to chart a course to economic recovery. You can download our SEQ City Deal policy along with our suite of election policies through the link below: https://hubs.ly/H0wdC0M0

02.01.2022 Queenslanders go to the polls on 31 October. As the states political leaders plan for the post-COVID economic recovery, the Property Council asks: Can we afford to miss the opportunity?

01.01.2022 With a constrained budget position in Queensland, the Government needs to leverage its assets to generate activity. One option that has been successful in the past, is to better utilise surplus government land. In 2017, in conjunction with Urbis, the Property Council produced Six Sites: Redevelopment of Surplus Government Land to Stimulate the Economy, a thought piece which examined opportunities for the Queensland Government to work with the private sector to redevelop surpl...us government land. You can view our surplus government land policy on our election website. https://hubs.ly/H0yrSRM0