Friday, 27 August 2010

Region. Levy cap may be raised

Planning Minister, Tony Kelly, told the mayors of Penrith, Baulkham Hills, Camden and Campbelltown he was pushing a compromise to have the caps on council developer levies lifted from $20,000 to $30,000, with a $50 million grant to make up for levy shortfalls for affected councils. The proposal also involves the cap not applying on developments where more than a quarter of the project has already begun. Mr Kelly said Treasury opposed his idea and urged them to get their local MPs to lobby ministers on the issue, according to The Sydney Morning Herald.