Any increases in stamp duties in the State budget on Thursday will result in fewer jobs for Western Australians.
Since the election of the Government in February 2001, an additional 16,000 Western Australians have joined the dole queue.
Property Council Executive Director, Mr Joe Lenzo, said that WA could not afford to jeopardise further jobs by increasing business taxes such as stamp duties.
"Stamp duties are an inefficient tax which harms investment in WA. Any increase in stamp duties will result in few employment opportunities for Western Australians."
"It would be irresponsible political opportunism for the Government to use its first budget as a blatant tax grab from property which will cost jobs."
"The unemployed pay the highest price for an inefficient tax system."
Stamp duties on conveyances have risen from $216.7 million to $448.0 million (inflation adjusted) over the last 10 years. This is a 107% increase in real terms.
Mr Lenzo said, "The Government must not continually look at stamp duty on property to fill its coffers. It if does increase stamp duty, the highest cost will be bourn by those who become unemployed."
Property owners currently provide 25.5% of the Government's taxation revenue through stamp duties, land tax and Metro Region Improvement Tax.
"One sector of the economy should not bear the brunt of tax increases - property could be crushed as an investment which will harm employment opportunities in WA."