Special Infrastructure Contribution
The Special Infrastructure Contribution is a financial payment made during the development process to help fund regional infrastructure.
The contribution funds 75 per cent of the roads, bus depots, open space, planning and delivery costs as well as land required for social infrastructure. The remaining 25 per cent of these costs is funded by Government, as is the construction of social infrastructure - including emergency services and justice, education and health facilities.
This combination ensures the cost of infrastructure is shared between the broader community and those who benefit financially from development, and will allow services which are an essential part of development – such as roads – to be delivered to service population growth.
Since December 2008, the NSW Government has discounted the SIC by increasing its share of funding to 50 per cent, saving some $6,000 per average residential lot.
The Minister for Planning & Infrastructure, Brad Hazzard, recently announced he would extend the discount by a further six months to 30 June 2012.
The Special Infrastructure Contribution is applied consistently across the Growth Areas. Contribution rates are adjusted on 1 July each year to reflect annual changes in the Sydney consumer price index.
Further information on payment of the Special Infrastructure Contribution is available here.
NewsWestern Sydney Growth Areas
On 24 January 2011, changes relating to the Sydney Growth Centres special infrastructure contributions were made to include land formerly within the interim transport levy areas of Elderslie, Spring Farm and Balmoral Road within the special contributions area for the Growth Centres (now called the Western Sydney Growth Areas Special Contributions Area). Full details are available in this Planning Circular.
You may also read the Ministerial Determination.
Special Infrastructure Contribution: Earlier Determinations
A Ministerial Determination was signed by the Minister for Planning in November 2008, accompanied by a Practice Note.
Special Infrastructure Contribution Documents
| Title | Pages | Size |
|---|---|---|
| Consolidated Determination | 22 | 0.1Mb |
| SIC MInisterial Determination Jan 2011 | 22 | 1.6Mb |
| Western Sydney Growth Area SIC Feb 2011 | 2 | 0.1Mb |
| Western Sydney Growth Areas Special Contributions Area Map - North West | 1 | 3.5Mb |
| Western Sydney Growth Areas Special Contributions Area Map - South West | 1 | 4.5Mb |
