On Monday 1 July 2024 the prescribed amounts under Schedule 16 of the Planning Regulation 2017 came into effect to apply the Producer Price Index (PPI) for road and bridge construction published by the Australian Bureau of Statistics.
Schedule 16 contains the ‘Prescribed amounts’, the maximum amount that a local government or distributor-retailer can adopt in a charges resolution – the document that governs what infrastructure charges can be issued.
Further information can be found on the Department of Housing, Local Government, Planning and Public Works website.