Drop in Construction Activity Drives Sharp Decline in Developer Council Payments

Local government revenues fell significantly as property developers contributed less than anticipated due to a slowdown in building projects across the region.

25 Aug, 10:11 — 25 Aug, 10:11

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sydney-morning-heraldMostly Factual2d ago

Fewer construction projects leads to collapse in developer payments to council

Property developers contributed significantly less than expected to city coffers in the past year, while council expenditure also slumped.

By William Davis

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Drop in Construction Activity Drives Sharp Decline in Developer Council Payments

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Fewer construction projects leads to collapse in developer payments to council

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