POWERING FOR LOWER DEVELOPMENT COSTS

Written on the 22 June 2011

POWERING FOR LOWER DEVELOPMENT COSTS

MAYORAL candidate David Power (pictured) has outlined his plan to abolish material change of use (MCU) applications in designated precincts to reduce the Gold Coast’s development costs.

Speaking at the recent UDIA Gold Coast Logan Revival Forum, Power says areas where current business uses were already envisaged by the planning scheme shouldn’t be subjected to the additional charge.

“What we are seeing is ongoing gouging of fees by the council for material change of use applications that should be approved at no cost if the business use is acknowledged under the town plan,” he says.

“The costs of these applications after taking into account council charges, planning and traffic consultants, and application fees can be up to $100,000.

“This is ridiculous when businesses across the Gold Coast are struggling in the toughest economic times we have experienced in the last 30 years.”

Power says abolishing the fees and charges associated with MCU applications would create major spin-off effects for the Gold Coast economy as a whole.

“Firstly, it will allow a business to use that $100,000 as operating capital and secondly it will stimulate work for tradespeople on the Gold Coast who would be employed to undertake fit-outs of new office premises,” he says.

“We need to remember these costs and rules are not about developers but about restaurants, shops, hardware stores and motor repairers being strangled by regulation and charges and are the forgotten victims due to poor policy making.

“The sad thing is that the council already has the power to ease the burden of businesses, but they are ignoring them.”

Power says minimising costs imposed on businesses is the best way to stimulate the Gold Coast economy.


Latest News

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

COAL loading has recommenced at New Hope's (ASX: NHC) Brisbane terminal today after repairs to its ship loader, w...

SUPERYACHTS OFFER UNTAPPED POTENTIAL AT COMMONWEALTH GAMES

SUPERYACHT Australia has devised a strategy to attract more superyachts to Queensland and capitalise on revenue op...

GDP FIGURES A 'WAKEUP CALL' FOR PARLIAMENT

THE GDP figures are an end-of-year wakeup call for Parliament about what lies ahead for the country, according to ...

ACCC GIVES GO-AHEAD FOR NEWS CORP TO BUY ARM

NEWS Corporation (ASX: NWS) has been given the green light to acquire Australian Regional Media (ARM) from APN New...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter