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Council invests in incentives to grow jobs and economy
12 February, 2019
Revamped incentives aimed at stimulating development across the Fraser Coast will come into play on February 14.
Fraser Coast Mayor George Seymour said the Council was determined to ensure the region had a strong, resilient and diversified economy that supported growth and long term jobs.
“Under this incentives program, there is a focus on employment generating projects and the region’s CBDs and commercial precincts,” he said.
“The Fraser Coast Regional Council is now offering a 100% rebate on infrastructure charges for commercial developments in the CBDs, Esplanade tourist nodes and the coastal and rural villages.
“We are keen to see all areas of the Fraser Coast develop sustainably.
“That’s why Council has worked hard to simplify the eligibility requirements for some incentives and streamlined the Council’s Infrastructure Charges Incentives Administrative Policy 2019.
“The recent announcements of multi-million dollar projects such as the munitions factory and timber laminating plant in Maryborough and the aircraft manufacturing business for Hervey Bay, as well as the Hinkler Regional Deal will focus attention on the region.
“Our new incentive policy shows we are open for business and focussed on building better communities.”
The policy has maintained popular incentives such as the delayed infrastructure payments for residential developments as well as incentives to attract residential infill, over 50’s lifestyle villages, tourist parks and tourist attractions.
Head of the Fraser Coast Branch of the Urban Development Industry Association Kane Macready welcomed the new incentive policy.
“Through the policy Council is showing that the region is open for business and serious about attracting investment. Investment in new projects is crucial to advancing growth and creating jobs across the region,” he said.
The range of incentives will be reviewed this year after Council adopts an Economic Roadmap.
“Council is currently in the community consultation phase of developing an Economic Roadmap to take us to 2030,” Cr Seymour said.
“The roadmap will ensure that we have a broad range of incentives to target an extensive array of industries that have the potential to significantly grow the region.
“We need to ensure that we are building better communities through our Economic Roadmap, which is a blueprint for the future and highlights Council’s commitment to bringing jobs here and growing our economy, especially through working in partnership with other levels of government.”
The new policy comes into effect on February 14, 2019.
A range of resource material explaining the scheme is available on the Council website.