NT development fees rise

NT development fees rise

Posted on Wednesday, January 02 2013 at 10:30 AM

The New Year meant more than sore heads and resolutions for developers in the Northern Territory, with increases to development application (DA) fees taking effect on January 1.

The processing fee for a project with an
estimated cost up to $100,000 was lifted to $190, up from $152, while those higher
than $100,000 but not exceeding $250,000 now carry a fee of $571, up from $457.

Those proponents with a project cost up to
$1 million will now pay $828 for their application to be processed, rising from
$662.

And for those at the top end – projects
between $10 million and $25 million – the fee is now $7612, up from $5250.

 

New DA fees – from January 1, 2013

 

Minister for Lands, Planning and the
Environment, Peter Chandler, says the costs are still among the lowest in the
country, despite the increase.

“If you compare the basic fees for a
$450,000 development in Newcastle, Lake Macquarie or Canberra, the fees are
$1833, $1628 and $1777 respectively,” Chandler says.

“In comparison for the same development,
the fee in the Territory will be only $828.”

There were also increases to other
development-related applications. Obtaining a planning certificate will now set
you back $113, up from $84, while applying for a certificate of compliance
comes at the higher cost of $180, up from $133.

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