Arnolds strongly supports UDIA’s bid to reduce the impact of Infrastructure Charges on Developers large and small

Arnolds strongly supports the Urban Development Institute of Australia’s (UDIA) bid to reduce the impact of Infrastructure Charges on Developers large and small during the COVID-19 pandemic and calls on all Queensland local authorities to support this bid.

If successful, reduced infrastructure charges will substantially benefit Queensland’s economic recovery, stimulate local economies and provide an increased amount of job opportunities.

We wish the UDIA every success in hopefully achieving a positive outcome in their endeavours.

Please read UDIA’s article below for a more in depth analysis.

Source: Date published:  15/05/20 – Urban Development Institute of Australia – 

Infrastructure Charges waivers and bringing forward trunk infrastructure works are among the top three stimulus measures called for from the City of Gold Coast and Logan City Council to respond to the COVID-19 pandemic.

The Institute has written to Logan City Council and Gold Coast City Council recommending initiatives local government can implement urgently to stimulate local economy. This comes off the back of the Institute’s Project Bounce Back: A COVID-19 Industry Action Plan published in early April.

The local property development sector is the fourth-largest industry of employment on the Gold Coast and the third-largest in Logan. Our advocacy has shown that support for our industry equals support for local jobs.

The Institute put forward several initiatives to both councils specifically chosen based on the circumstances within the region and identified priorities for the Gold Coast Logan branch committee.

The top three are:

  • Temporarily waiving all Infrastructure Charges
  • Bringing forward trunk infrastructure works in the region
  • Delaying payment of Infrastructure Charges until the sale and settlement of land

We also welcome back incumbent Mayor for the City of Gold Coast, Councillor Tom Tate and new Mayor for Logan City Council, Councillor Darren Power. We offer our sincerest congratulations.

It is important that both councils collaborate closely with industry in developing their COVID-19 recovery plan. While things may seem clearer in health terms, with the State Government lifting some restrictions, ensuring the region can ‘bounce back’ economically should be at the forefront of our minds.

We look forward to working with both Mayors on navigating these unprecedented times and putting in place strategies to fully recover from COVID-19.