The West Australian

Developers want land tax scrapped to keep projects going and staff on the payroll, and to help prevent a broader economic meltdown.

The Urban Development Institute of Australia (WA) is calling on the State Government to consider a 100 per cent rebate, worth about $789 million this year.

A raft of proposed developments have already been put on hold amid the coronavirus crisis, including the $300 million Civic Heart tower in South Perth.

Civil works on the $3.8 billion Belmont Park project, as well as the proposal for a pool on a floating barge at Elizabeth Quay, and the State Government’s Pier Street apartment tower have also been put on hold.

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