The Fraser Coast Regional Council Infrastructure Incentives Scheme

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1 The Fraser Coast Regional Council Infrastructure Incentives Scheme Fraser Coast Opportunities is the region s peak body for tourism destination marketing, product and experience development, regional marketing, regional events and investment attraction.

2 Open for Business Queensland s Fraser Coast offers a dream balance of business and lifestyle success. Our perfect location, idyllic lifestyle and progressive approach to attracting and encouraging business creates exciting opportunities for investment, innovation and industry. New Infrastructure Incentives Policy No up front establishment costs with deferred payment up to 2 years Most generous incentives in a decade Tailored for projects ready to commence Specific industry incentives Townsville Mackay Rockhampton Gladstone Fraser Island Coast 2 Infrastructure Incentives Scheme

3 Welcome to the Fraser Coast The Fraser Coast is sending out the most powerful message yet that it is open for business and ready to compete nationally for serious investment. Fraser Coast Regional Council has unveiled its most generous Infrastructure Incentives Policy in a decade in a bid to drive investment, development and continue its economic progress. The incentives should bring on a raft of new developments, especially for residential land which the industry needs. Investors are starting to return to the market which is a great sign. Linda Bland - Chair Real Estate Institute of Queensland Fraser Coast. The incentives are aimed squarely at attracting investment and development to the region with a focus on employment generation, residential development, rural industries, tourist parks and medical centres. Clearly we want to stimulate the economy by attracting investment and development and create jobs - both short-term in the development and construction sectors as well as in new businesses and industries. Gerard O Connell - Mayor, Fraser Coast Regional Council Overall, this announcement is about job creation, a stronger economy and delivering a thriving community. If you have a strong economy and good job prospects, it makes for a healthier community and a more affordable lifestyle. Glen Winney - President, Urban Development Institute Australia Fraser Coast frasercoastopportunities.com.au Infrastructure Incentives Scheme 3

4 It s Our Time Ideal location and easy access Location is the catch-cry for the Fraser Coast. It s close to the action but far enough away to enjoy the benefits of relaxed, regional living. It sits at the crossroads of the Wide Bay, making it the hub of Australia s fastest growing region. Main thoroughfare for South East Queensland Ideally positioned to act as a conduit for service provider to gas and energy corridors. Located on the Bruce Highway and the Queensland Rail Network. Fast efficient transport corridors, including flights to Brisbane and Sydney. Easy access to major Australian centres. Catchment of approximately 300,000 people within a two hour drive/200km radius. First class transport services and infrastructure. Strong Growth The Fraser Coast is one of the State s fastest growing economic regions having experienced an increase of approximately 10% in population since With its lifestyle, location and business opportunities as major drawcards, population growth is projected to increase by more than 20,000 people in the decade to 2021 and reach 138,000 by Council has focused on ensuring the growth is backed with solid strategies and policies to support existing enterprises and attract new businesses. Opportunities A number of key growth areas offering exceptional opportunities have been identified including: Engineering and manufacturing Aviation and related industries Resource sector services Education Health Tourism Maritime Services Residential Aged Care 4 Infrastructure Incentives Scheme

5 The Incentives The Investment Attraction Incentives Package is aimed at attracting investment in key industries and locations which will encourage jobs growth and new investment in the Fraser Coast. The Investment Attraction Incentives Package is available to new businesses and those wishing to relocate and/or expand operations within the region. Incentive Category The maximum amounts of subsidy available for each category are as follows: Category 1 - Residential Delayed Payment Delayed payment of Reconfigure A Lot Infrastructure charges until the sale of the lots created or 2 years, whichever is earlier, subject to the agreement to the terms and conditions. Category 2: (a) Infill residential development 10%; or (b) Central Business District development & Hervey Bay Nodal Development 20%; or (c) Employment generating businesses (excluding medical) 20%; or (d) Rural Industry 20%; or (e) Over 50 s Lifestyle Village 20%; or (f) Tourist Parks 20% Category 3 - Medical Facilities 30% Category 4 - Preservation of roll-in provisions Applicable to existing approved developments only in the former local government areas of Maryborough, Tiaro and Woocoo Category 5 - Development considered to be of special or significant benefit Subject to individual assessment frasercoastopportunities.com.au Infrastructure Incentives Scheme 5

6 Fraser Coast Planning Scheme Adopting a new planning scheme helps us to ensure growth is managed while maintaining our region s quality of life - protection of heritage, character and environment while helping to meet the challenges of creating a stronger economy and more affordable housing. - Gerard O Connell, Mayor Fraser Coast FRASER COAST PLANNING SCHEME The Fraser Coast Planning Scheme supports and facilitates development planning and development for the Fraser Coast Region. The new Fraser Coast Planning Scheme is available online at frasercoast.qld.gov.au 6 Infrastructure Incentives Scheme

7 Development Made Easy The Planning and Development Online System provided the use with 24 hour access to planning and development information. THE PLANNING AND DEVELOPMENT ONLINE SYSTEM The PD Online System is intended to allow interested individuals to have convenient, informal access to planning documents and the status of development applications. PD ONLINE TOOLS: PROPERTY ENQUIRY Property description details Site area Zone Overlays Applications Property map LAND USE ENQUIRY The Land Use enquiry allows you to determine if specific land uses on your property need planning approval, it will indicate the level of assessment and, if the determined level of assessment is Code, it identifies the parts of the planning scheme you will need to address. PD Online is available from APPLICATION ENQUIRY Application details Status of application The development type Property Details Event stage The assessing officer Application documents direct to assessing officer eplan The eplan is a searchable and up-to-date electronic version of the planning scheme. It allows you to view the entire Planning Scheme online, search the scheme based on keywords, view zone overlay maps across the region and see planning scheme amendments. Fraser Coast Regional Council has established a number of ExpressWay initiatives to significantly reduce the timeframes and workload involved with the assessment of development applications. ExpressWay allows you to fast track low complexity applications and concurrence agency assessments within a guaranteed 10 - day turnaround. frasercoastopportunities.com.au Infrastructure Incentives Scheme 7

8 Direct Financial Assistance Process Applications for Direct Financial Assistance through the Investment Attraction Incentive are to be made formally through the application process. Projects will undergo an assessment to ensure only eligible projects that will provide a net economic and community benefit to the Fraser Coast Region are approved. Criteria considered during the evaluation of the application may include: Level to which the proponent/project contributes to economic diversity Level of innovation or research and development capabilities Ability to leverage additional economic growth in the future Expected economic impact of the project/business Anticipated environmental impacts of the project Employment generation Timing of the project Local suppliers Contact Us Businesses interested in receiving support for investment projects in the Fraser Coast region should contact: Fraser Coast Opportunities enterprise@frasercoastopportunities.com.au P (07) For further information about the Fraser Coast economy and economic development initiatives of Fraser Coast Opportunities Visit Tourism I Events I Marketing I Enterprise

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