Australia: Bill replacing special infrastructure contribution system passes lower house (New South Wales)

A housing growth support bill that would replace special infrastructure contribution system passed in lower house

Bill replacing special infrastructure contribution system passes lower house

The New South Wales legislative assembly passed a housing growth support bill that would replace the special infrastructure contribution system with a new broad-based charge called the housing and productivity contribution.

The new scheme would not affect the local infrastructure contributions currently paid to councils and is intended to become effective 1 October 2023.

 

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