INDUSTRY NEWSNEWSWA

REIWA continues to push for Perth City Deal

REIWA is calling on all parties contesting the federal election to commit to prioritising a City Deal for Perth, if elected.

REIWA President Damian Collins said since the Federal and Western Australian Governments signed a Memorandum of Understanding (MOU) to negotiate a City Deal for Perth back in April 2018, there has been no action.

“We’ve been waiting for Perth’s City Deal to come into fruition for the last 12 months.

During that time, Hobart, Darwin, Adelaide and South East Queensland have all received their City Deal, while WA’s remains on the back burner.

According to Mr Collins, it’s essential that Perth receives a City Deal.

“This will provide much-needed funding and collaboration between all levels of government to ensure WA can meet the needs of its growing population,” Mr Collins said.

Perth’s City Deal will include:

  • Funding for infrastructure projects.
  • A commitment by all levels of government to ensure land use policies promote infill development and the sustainable growth of Perth.
  • Exploring value capture that facilitates land value uplift in infrastructure corridors to help fund METRONET, using fair and efficient mechanisms while encouraging new development.

Mr Collins cited the recent activity in Hobart as an example of the positive impacts a city deal brings.

“Since having their City Deal and Federal funding commitment, Hobart’s economy has improved significantly. The city has seen house prices increase and consumer confidence build,” Mr Collins said.

“Western Australia is crying out for the same kind of federal support. Whoever is appointed Minister for Cities following the election must have a Perth City Deal as a top priority.”

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