FAQs
Q: | What costs can I claim under the program? |
A: | You can claim up to $5 000 per lot, per utility (that is, $5 000 for power and another $5 000 for water/sewerage), up to a maximum of 40 lots (‘rebate lots’). To be eligible, the cost must have been incurred on or after the announcement of the program (16 March 2021) and be directly related to design, construction or installation of the eligible utilities to the rebate lots. |
Q: | Once I apply how long will it be before I find out if I have been successful? |
A: | You will receive a response from the Department no more than 21 days after making a complete application. An application is considered complete where all the requested information has been provided, including any additional information reasonably required by the Department to assess your eligibility for the program. |
Q: | Is there a minimum size or maximum size for developments that can be claimed? |
A: | No, there is no minimum or maximum size for developments. However, for larger developments you can only claim costs for 40 lots. You will need to identify which lots you are claiming against (the ‘rebate lots’) in your application. For example, if your development is for 200 lots, you are still eligible but will only be able to claim the rebate for the costs associated with 40 of those lots. My development is larger than 40 lots. How to I apportion the costs between lots to claim my rebate? Where the costs you have incurred are spread across more than 40 lots, you will either need to seek a separate tax invoice from your supplier/s, or apportion the costs and explain your reasoning to the satisfaction of the Department. |
Q: | Can I claim for several developments, or several stages of the same development? |
A: | You can claim for several developments, or several stages of the same development. This includes circumstances where they have been authorised by more than one planning permit. However, you can only claim for a maximum of 40 lots overall and must make your full claim in one application. That is, you cannot make two separate applications for two developments, or for two stages of the same development, even if they total less than 40 lots. |
Q: | What happens if I can’t meet one of the requirements in the grant agreement (such as the completion timelines?) |
A: | By signing the grant deed, you are agreeing to meet the requirements of the program. Failure to meet these requirements will make you liable to pay back the money you have received. You should consider before applying whether you will be able to meet the requirements of the program and take all reasonable measures to ensure you comply. |
Q: | If it looks like you will not be able to meet one of the requirements, you are encouraged to contact the Department as early as possible to discuss your options. |
A: | If your application is approved you will be sent an agreement for signing and instructions on next steps. Once you have returned your signed agreement and, where applicable due to GST, a tax invoice for your grant amount, you should receive your payment within 21 days. |
Q: | How long will the rebate be available? |
A: | The program will be open until 30 June 2024 or when the total funding has been exhausted, whichever occurs first. |
Q: | Are strata titles eligible? |
A: | No, strata titles are not eligible for the rebate. This program is targeted at subdivisions to deliver new and vacant land to market. |
Q: | What does the requirement to bring the rebate land to market mean? |
A: | State Growth defines ‘bringing to market’ to mean; advertising vacant land through a medium or process where it is listed for sale, in which more than one person can bid for that land, with a price that implies a level of commerciality. |