14 January 2011
The NSW governments proposed new development levies in the Hunter and the Illawarra will need to be closely scrutinised, according to the Urban Taskforce. Today, the government announced that it will be proposing a $8,800 levy on new homes in the Lower Hunter and a $6,200 levy on new homes in the southern Illawarra. The governments also proposing a $42,100 levy on each hectare of new Lower Hunter industrial land, and a $29,000 levy on each hectare of Illawarra industrial land.
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