New Proposal for GAIC Levy
State Planning Minister Justin Madden has proposed that developers pay 30 per cent of the Government’s Growth Areas Infrastructure Contribution (GAIC) at the land purchase stage, with 70 per cent paid in stages as land is subdivided. He also intends to speed up the development of Precinct Structure Plans (PSPs). The Government has refused to expand the Urban Growth Boundary (UGB) unless the GAIC is adopted.
HomeBuilder extended to 31 March, 2021 by Federal Government..
Today, the Federal Government announced an extension to the HomeBuilder program.
Budget update - Women in construction and government..
Over the next few weeks, we’ll feature some deeper analysis on Victorian State Budget items and what they mean for our industry.