In the wake of the federal election, the Property Council said the new government has committed to a blueprint for building owners to strengthen the sector and energise economic growth.
This includes plans to restore the Australian Building and Construction Commission within three months of Parliament's first sitting.
The Property Council is working with the new government to design an Emissions Reduction Fund that incentivises property investors to rebirth and tune-up their buildings.
Other initiatives include modernising taxes including a review of the GST, more housing agreements with states and territories, reducing regulation, and fostering a regional funds management hub that includes transforming Australia into a leading regional financial services centre.
Finally, Prime Minister Tony Abbott promises to be the Infrastructure Prime Minister by developing rolling 15-year infrastructure plans in league with states and territories and to institute a Finance Advisory Unit to explore smart infrastructure funding techniques.
For more details go to www.property2013.com.au
