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Addressingconcernsassociatedwithadverseimpactsofvaluecapture–Apropertydeveloperperspec8ve
VALUECAPTUREININFRASTRUCTURE2017PresentedbyChrisJohnson,CEO,UrbanTaskforceAustralia
ValueCaptureisnotaMagicPudding
• ValueCapturecanplayaroleinfundingtheinfrastructureneed
• MakingValueCaptureworkinAustralia
• HowValueCaptureisappliedmakesallthedifference
• WehaveusedValueCaptureinAustraliabefore,andthisexperienceprovideslessonsfortoday
• Opportuni8esforValueCaptureshouldbeiden8fiedthroughlongtermplanning
Source:‘CapturingValue’ReportbyInfrastructureAustralia
• ValueCapturecantakevariousforms,eachsuitedtodifferentcontexts
• ThechallengeswefaceinAustraliacallfortargetedsolu8ons
• ValueCapturecanformanimportantpartofabroader‘beneficiarypays’framework
• Es8ma8ngvalueupliWisacomplextask
• Abroad-basedlandtaxvanprovideanefficient,sustainableandpermanentapproachtoValueCapture
Source:‘CapturingValue’ReportbyInfrastructureAustralia
ValueCaptureinAustraliacanbeappliedin5broadways:
• Be\ermentLevies• Developercharges• Leveraginggovernmentland• Taxesonpropertytransac8ons• Taxesonlandvalue
Source:‘CapturingValue’ReportbyInfrastructureAustralia