Queensland Tax Reform Recommended By Property Council of Australia

The property sector has carried the burden of taxes for far too long, says the Property Council of Australia.

Prior to the release of the 2012-13 state budget in September, the council has submitted its recommendations to the government for reform, highlighting taxation as the major point of contention.

"To strengthen the state's fiscal position, the tax base must be broadened, and the limited funds available invested in areas that will provide the highest returns," Queensland executive director of the property council of Australia Kathy Mac Dermott said on June 26.

She recommends five main areas of reform including more efficient taxation, fixing planning, strengthening our cities and regions, community-building and greening the built environment.

"The property industry is the biggest private sector contributor- and one of the four pillars - of Queensland’s economy," Ms Mac Dermott said.

"Government investment in the property industry will strengthen our economy and provide the jobs, wages, housing and infrastructure our communities need to support and maintain our state's enviable lifestyle."

Ms Mac Dermott said she would like to work towards long-term solutions with the government, rather than seeing them succumb to short-term revenue raising quick-fixes.