Chris Johnson AM - Urban Taskforce Australia

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Addressing concerns associated with adverse impacts of value capture – A property developer perspec8ve VALUE CAPTURE IN INFRASTRUCTURE 2017 Presented by Chris Johnson, CEO, Urban Taskforce Australia Value Capture is not a Magic Pudding

Transcript of Chris Johnson AM - Urban Taskforce Australia

Addressingconcernsassociatedwithadverseimpactsofvaluecapture–Apropertydeveloperperspec8ve

VALUECAPTUREININFRASTRUCTURE2017PresentedbyChrisJohnson,CEO,UrbanTaskforceAustralia

ValueCaptureisnotaMagicPudding

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘ValueCaptureisnotaMagicPudding’ReportbyUrbanTaskforceAustralia

Source:‘CapturingValue’ReportbyInfrastructureAustralia

•  ValueCapturecanplayaroleinfundingtheinfrastructureneed

•  MakingValueCaptureworkinAustralia

•  HowValueCaptureisappliedmakesallthedifference

•  WehaveusedValueCaptureinAustraliabefore,andthisexperienceprovideslessonsfortoday

•  Opportuni8esforValueCaptureshouldbeiden8fiedthroughlongtermplanning

Source:‘CapturingValue’ReportbyInfrastructureAustralia

•  ValueCapturecantakevariousforms,eachsuitedtodifferentcontexts

•  ThechallengeswefaceinAustraliacallfortargetedsolu8ons

•  ValueCapturecanformanimportantpartofabroader‘beneficiarypays’framework

•  Es8ma8ngvalueupliWisacomplextask

•  Abroad-basedlandtaxvanprovideanefficient,sustainableandpermanentapproachtoValueCapture

Source:‘CapturingValue’ReportbyInfrastructureAustralia

Source:‘CapturingValue’ReportbyInfrastructureAustralia

ValueCaptureinAustraliacanbeappliedin5broadways:

•  Be\ermentLevies•  Developercharges•  Leveraginggovernmentland•  Taxesonpropertytransac8ons•  Taxesonlandvalue

Source:‘CapturingValue’ReportbyInfrastructureAustralia

Source:‘CapturingValue’ReportbyInfrastructureAustralia

Source:‘CapturingValue’ReportbyInfrastructureAustralia

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