Using value capture to help deliver major land transport infrastructure
The Property Council of Australia is pleased to provide a submission to the Infrastructure Investment Division on its discussion paper setting out a range of possible options to stimulate the use of value capture in the development and delivery of transport infrastructure.
The Property Council welcomes the discussion on how best to fund infrastructure, however, it is vital that the Federal Government firmly rules out new taxes disguised as value capture mechanisms.
We recommend the Federal Government provide clear guidance on the value capture mechanisms it supports and those that it does not, and avoid incentivising state and territory governments to adopt harmful policies.
Download the submission below.