Newman Government to slash real estate red tape

17 Apr 2012 9:41 AMJann Stuckey

Member for Currumbin Jann Stuckey MP has applauded the LNP Government’s decision to make cutting real estate red tape a top priority when Parliament resumes in May.

“The decision by the Newman Government to immediately begin the process of reducing real estate red tape is welcome news for home-buyers and businesses in the Currumbin electorate,” Ms Stuckey said.

“As outlined in Premier Newman’s 100 day Plan for Queensland, mandatory Sustainability Declaration forms introduced by the Labor Government in 2010 will be scrapped.

“These forms were undeniably onerous on the property industry and home owners alike. The change of Government delivered by Queenslanders will finally bring them some real relief in a struggling market.

Neil Shorrock, the Co Licensee at LJ Hooker Palm Beach says the move to scrap sustainability declarations will ease some of the burden of unnecessary red tape.

“The form was hastily done and ill-conceived and people faced great difficultly in answering it.  In my view its withdrawal will benefit the industry and simplify the paperwork,” Mr Shorrock said.

Ms Stuckey said this announcement by the Premier shows the LNP Government is serious about meeting an election pledge to cut red tape for small business by twenty per cent over six years.

“Our goal is to significantly reduce government red tape and regulation, that is draining $7 billion out of our business community each year, and this is a positive step towards achieving that target,” Ms Stuckey said.

“In addition, the Newman Government will reinstate the principal place of residence stamp duty concession from 1 July 2012, an incentive designed to boost property sales in a sluggish market.

“With Queensland now having more than 90,000 pages of regulation we have a long way to go to fix the mistakes of 20 years of Labor governance.

“Initiatives such as these show that the LNP are focussed and committed to getting Queensland back on track.