The Property Industry’s Plan for Victoria’s Recovery

The Victorian branch of The Property Council of Australia have unveiled their proposed plan to  usher in a new era of long-term prosperity in the wake of the recent pandemic. Their plan would see 24.4 billion dollars injected into the economy through new activity, which would create and protect up to 315,000 jobs. The Council’s plan hinges on seven key pillars:

  • Kickstart the economy with housing construction.
  • Catalysing projects to speed up growth.
  • Addressing housing affordability.
  • Adjusting tax to drive productivity.
  • Encouraging higher levels of development activity.
  • Focusing on planning infrastructure and projects to support a superior quality of life.
  • Opening Victoria back up to the world.

The Property Council has asked for all levels of Government and industries to work together to get Victorians safely back into work, enhance business and consumer confidence, and get the State of Victoria back onto a high-productivity trajectory.