Hot 40 in­cen­tive a ‘flop’: Op­po­si­tion

Pilbara News - - News - Pe­ter de Krui­jff

■ A $10,000 in­cen­tive to boost the sales of va­cant re­gional lots in WA didn’t elicit a sin­gle sale in the quali­fy­ing pe­riod, the State Op­po­si­tion says.

The Hot 40 re­bate scheme was launched in Fe­bru­ary this year and of­fered be­tween $2000 and $10,000 for land set­tled from the south west to Ku­nunurra be­fore April 30.

The Gov­ern­ment spent more than $24,000 pro­mot­ing the cam­paign but, as cited in Par­lia­ment, changed mar­ket con­di­tions caused a sig­nif­i­cant down­turn in the sale of va­cant lots in re­gional WA.

Shadow min­is­ter for lands Pe­ter Tin­ley said the pro­gram had been a flop.

“It was sup­posed to help fam­i­lies and busi­nesses re­alise their dreams of own­ing a home or busi­ness,” he said.

“If the Lib­eral-Na­tional Gov­ern­ment is se­ri­ous about at­tract­ing peo­ple to re­gional WA, it would fo­cus on cre­at­ing more em­ploy­ment op­por­tu­ni­ties, par­tic­u­larly in non-min­ing in­dus­tries.

“As the min­ing industry slows down, it’s im­por­tant to di­ver­sify lo­cal economies and pro­vide new em­ploy­ment op­por­tu­ni­ties.

“This is the best way to cre­ate growth in the re­gions.”

Min­is­ter for Lands Terry Red­man said four years ago in a place like Kar­ratha ev­ery­one was cry­ing out for more land and hous­ing.

“You put in a process to re­lease land, to build houses, to open up apart­ments … and it takes time for that to hap­pen,” he said.

“I don’t apol­o­gise for Land­corp try­ing to put in in­cen­tives for peo­ple to take up land, it’s im­por­tant they look at all op­por­tu­ni­ties to do so.”

Mr Red­man said the mar­ket had soft­ened but peo­ple were still buy­ing.

“We’re still see­ing ac­tiv­ity hap­pen­ing, just not as fast as it was hap­pen­ing be­fore,” he said.

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