Regional Economic Development Incentive Policy Review
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Consultation has concluded
In January 2020, council conducted a review of their Regional Economic Development Incentive (REDI) policy. This policy is intended to reflect council’s commitment to the ongoing attraction of business investment in the region. It is specifically designed to capture and evaluate applications for development incentives through a criteria based process.
The draft updated policy featured two additional targeted investment outcomes:
Residential Reconfiguration of a Lot applications within targeted Central Highlands townships
Residential Multiple Dwelling applications within target Central Highlands townships
An approved application under this updated policy, for any activity which falls within the listed key strategic industries, is eligible for a 100% waiver of associated council development application fees, and up to a 70% reduction in levied infrastructure charges by way of refund upon commencement of operation.
Public Consultation
Community members were invited to review the draft policyand provide feedback using the online form below before 5.00pm on 28 February 2020.
In January 2020, council conducted a review of their Regional Economic Development Incentive (REDI) policy. This policy is intended to reflect council’s commitment to the ongoing attraction of business investment in the region. It is specifically designed to capture and evaluate applications for development incentives through a criteria based process.
The draft updated policy featured two additional targeted investment outcomes:
Residential Reconfiguration of a Lot applications within targeted Central Highlands townships
Residential Multiple Dwelling applications within target Central Highlands townships
An approved application under this updated policy, for any activity which falls within the listed key strategic industries, is eligible for a 100% waiver of associated council development application fees, and up to a 70% reduction in levied infrastructure charges by way of refund upon commencement of operation.
Public Consultation
Community members were invited to review the draft policyand provide feedback using the online form below before 5.00pm on 28 February 2020.
Click here to download and review the draft policy. Please submit your feedback using the form below.
Consultation has concluded
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Timeline
Open
Regional Economic Development Incentive Policy Review has finished this stage
Draft policy open for feedback 30 January - 28 February 2020 (5.00 pm).
Under Review
Regional Economic Development Incentive Policy Review has finished this stage
All feedback will be reviewed and considered for inclusion in the final policy draft.
Presentation to Council
Regional Economic Development Incentive Policy Review is currently at this stage
Draft policy presented to council for consideration to endorse in March 2020. Policy adopted.