Western Australian Premier Mark McGowan and Federal Minister for Population, Cities and Urban Infrastructure Alan Tudge have met to discuss the details of the proposed Perth City Deal which aims to increase the population density of the CBD, and boost the hospitality and retail sectors.
The deal will also focus on education, with talks underway to relocate a university campus into the city.
Australian and Western Australian governments signed a memorandum of understanding to negotiate the City Deal for Perth in April 2018.
The deal is intended to leverage joint Commonwealth and state investment in METRONET, a plan to connect Perth’s suburbs, reduce congestion and meet future planning needs by investing in new public transport infrastructure and services and planning for new urban communities.
"We have the unique opportunity to create a vibrant presence in our city by collaborating with the Federal Government, universities and businesses," Mr McGowan said.
"A City Deal will help activate our city centre and provide an economic stimulus in the heart of our city, supporting small businesses and local jobs."