1
The Voice of Leadership
LEVEL 3 232 ADELAIDE STREET BRISBANE QLD 4000 – GPO BOX 113 BRISBANE QLD 4001
PH 07 3225 3000 – FAX 07 3229 9160
Date:
7 December 2008
Issued by:
Property Council of Australia Qld
Contact:
Steve Greenwood
Phone:
0488 721 156
Media release
Property industry welcomes new SEQ Plan
Australia’s peak property body today welcomed South-East Queensland’s new Regional
Plan, saying the ambitious plan had given the property industry and the community
increased certainty.
The Property Council of Australia said to ensure the success of the new plan, now more
than ever the Government needed to consider new targeted infrastructure and bringing
forward infrastructure already on the books.
The Property Council’s Steve Greenwood rejected the growing practice of Governments
loading the cost of infrastructure on to the price of new housing developments.
Mr Greenwood said: “Debt funding is the way to go, otherwise housing affordability takes
too much of a hit.”
“This may mean that this Government has to consider a larger deficit,” he said.
Mr Greenwood said the Property Council was pleased that the Government had
responded positively to the organisation’s request to establish a body charged with
monitoring the supply of land and dwellings, and reporting annually.
“The Metropolitan Development Program will give us accurate and dependable facts and
figures so that we can determine whether the plan is working or not.”
Mr Greenwood said the Property Council had hoped to see the Urban Footprint
Boundaries expanded in the updated plan.
“We are very concerned that the Government’s failure to do so in this draft could further
exacerbate South-East Queensland’s housing affordability problem, and significantly
hamper the industry’s capacity to do their bit in meeting targets contained in the plan.
“But, we do acknowledge and welcome the increase in certainty provided by including
portions of the previous ‘investigation areas’ in the urban footprint,” he said.
Mr Greenwood said industry could now move ahead in these areas, providing much-
needed houses and employment opportunities, in the knowledge that with the release of
today’s draft plan, the Government was seriously considering infrastructure deficits.
2
2
The Voice of Leadership
LEVEL 3 232 ADELAIDE STREET BRISBANE QLD 4000 – GPO BOX 113 BRISBANE QLD 4001
PH 07 3225 3000 – FAX 07 3229 9160
He said the Property Council was looking forward to working with the Government during
the consultation period to address the issue of infrastructure provision and funding,
housing affordability, and the need for increased supplies of land for employment
purposes.
MEDIA CONTACT: Steve Greenwood on 0488 721 156
NEWS 
