The MRIT is used by the WA Planning Commission to finance the cost of providing land for roads, open spaces, parks and other public facilities – it applies to certain properties in the Perth metropolitan area.
Previous governments had planned to extend the MRIT to 12,200 additional landowners that according to Planning Minister Rita Saffioti, were not directly consulted on the tax.
“Past governments had booked revenue raised from the extension into the State Budget with no direct consultation taking place with communities that would be impacted,” Ms. Saffioti said.
“The plans to extend the MRIT to the Peel and Greater Bunbury regions created unnecessary angst for landowners and local businesses, and I’m pleased we’ve been able to provide them with certainty that they will not be slugged by the new tax.”
Ms. Saffioti said Western Australia would continue to manage the acquisition of land for reserves and infrastructure corridors such as road reserves without an extension to MRIT.