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REIQ calls for immediate action as new Qld cabinet takes charge

By Sebastian Holloman
04 November 2024 | 5 minute read
antonia mercorella david crisafulli reb yfjtlh

The Real Estate Institute of Queensland (REIQ) has urged the state’s newly appointed cabinet to deliver “a plan to bring hope back to housing”, emphasising the need for strategies to boost home ownership and ease rental pressures.

The REIQ has welcomed the new Queensland Premier David Crisafulli’s newly revealed cabinet, and acknowledged the “complex housing challenges” ahead of them.

Alongside Premier Crisafulli, the industry body also noted it was looking forward to working with the personnel who will shape the future of the state’s housing, including:

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  • Jarrod Bleijie, Deputy Premier and Minister for State Development, Infrastructure and Planning

  • David Janetzki, Treasurer and Minister for Home Ownership

  • Sam O’Connor, Minister for Housing and Public Works

  • Deb Frecklington, Attorney-General

Speaking on the new cabinet, REIQ CEO Antonia Mercorella shared she was optimistic about the appointment of dedicated ministers for home ownership and housing, noting that these are “critical roles given the crises” in the state.

“Queensland has instilled a lot of hope in our new leaders, and there is a real opportunity to show them that housing will remain a key priority of this cabinet,” she said.

Mercorella called for immediate action from the new cabinet, stressing that a “plan to bring hope back to housing must take focus”. She also underscored the “urgency of the state’s housing crisis” in emphasising that “there won’t be any time to rest on our laurels”.

Looking ahead to the 2032 Olympics in Queensland, the CEO highlighted that housing solutions for vulnerable communities would be “integral to the plan", and described initiatives that “boost home ownership levels and ease rental pressures” as essential strategies for ramping up housing supply.

“The REIQ looks forward to engaging in constructive consultation and collaboration with the Crisafulli government, seizing every opportunity to share our unmatched expertise in Queensland real estate,” Mercorella said.

This statement from the REIQ follows the Institute's release earlier this year of a 6-point plan aimed at “improving housing security for all Queenslanders”, which notably called for a home ownership target of over 70 per cent by 2032.

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