Infrastructure Charges Holiday For Gold Coast

ADC commends the Gold Coast City Council and Mayor Tom Tate for their infrastructure charges holiday initiative!


Gold Coast Mayor Tom Tate has informed UDIA that Gold Coast City Council intends to implement an ‘infrastructure charges holiday’, anticipated to be in place by September 2012. The holiday is intended to kick-start (and fast-track) the development and construction process in the city, and to this end any new development that commences significant construction works:

  • within 6 months of commencement of the charges holiday will pay no PIP charges.
  • between 6 and 12 months from commencement of the charges holiday will pay 50% of PIP charges.
  • within 18 months of commencement of the charges holiday will pay PIP charges on settlement.

UDIA welcomes this initiative and encourages other Queensland Councils to follow the Gold Coast’s lead and use policy levers at their disposal to stimulate local economies and create much needed jobs.

Property Industry recognised on BusinessGC

In other positive news from the Coast, the Property Development industry has finally been recognised as one of Gold Coast City Council’s ‘key industries for strategic growth’ on its BusinessGC website. The site identifies 9 key industries that deliver vitality, diversity, competitiveness and strength to the city’s economy and future prosperity. UDIA Gold Coast Logan looks forward to working with BusinessGC and government on common industry goals and implementing the Key Industry Action Agendas.

Visit BusinessGC’s Property Development page

Source: UDIA Qld