Councils to Be Allowed to Charge Developers with New Levy From 2029

Councils to be allowed to charge developers with new levy from 2029

The government has confirmed it will let councils charge development levies from 2029, as it seeks to change the system by which infrastructure growth is paid for.

Government says ratepayers have been footing $11b infrastructure bill,

The Government is moving to scrap the development contributions system that helps councils fund infrastructure for new developments. It says the current system will see $11 billion worth of development costs lumped on to existing ratepayers between 2021 and 2031.

Government says ratepayers have been footing $11b infrastructure bill

The Government is moving to scrap the development contributions system that helps councils fund infrastructure for new developments. It says the current...