A new package aimed at stimulating real estate investment in regional Western Australia will be rolled out over the next few weeks.
The McGowan government announced the $116 million Regional Land Booster package with the goal of “boosting the economy, creating regional jobs and assisting regional businesses to recover from the impacts of COVID-19”.
“The Regional Land Booster package will provide a major boost to regional WA’s COVID-19 economic recovery and support regional jobs through new residential and industrial developments,” said Lands Minister Ben Wyatt.
He notes that, on top of Land Booster, eligible land buyers will save up to a further $69,000 through various other government initiatives.
“Increased land sales will secure a pipeline of work for the region’s building and construction sector,” Mr Wyatt explains, “supporting regional jobs and suppliers in this difficult time.
“It will also help support the establishment of new regional industrial, commercial and tourism businesses, providing long-term business and employment opportunities for the regions.”
Read more about the package here.
