Reforming the development contribution system across Victoria
31 May 2011Planning Minister Matthew Guy has established a Stakeholder Reference Group to provide advice on reforming the development contributions system across Victoria.
Development contributions are payments or works provided by developers towards infrastructure such as roads, storm water run-off management systems, open space and community facilities required to meet the future needs of local residents.
The reforms are expected to reduce the time and cost to prepare a contributions plan. Consideration will be given to the introduction of pre-determined standard levies.
The new development contributions system will establish:
- a range of standard schedules for different development settings across Victoria, such as metropolitan growth areas, regional cities, peri-urban areas, urban development areas, and other development settings as needed;
- consistent and transparent development contributions for different categories of land use;
- councils with the capacity to tailor local schedules.
The Stakeholder Reference Group will include industry groups such as the Urban Development Institute of Australia, the Property Council and the Master Builders Association. The Growth Areas Authority, Department of Treasury and Finance, and Department of Premier and Cabinet will also be involved.
Council representative groups have also been invited, such as the Municipal Association of Victoria.
A new developer contribution system is expected to be ready for implementation in early 2012.
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