Land rent relief protects tourism industry
Tourism resorts, hospitality providers and attractions from Mount Isa to the Gold Coast will share $2.55 million worth of land rent in ongoing COVID relief.
The $2.55 million in rent waivers brought further relief to 72 tourism businesses operating on state-owned land and islands.
On average, this will save these operators $35,000 each for the next six months.
Operators are a collection of resorts, hospitality and attractions located around regional Queensland including Cairns, Townsville, the Whitsundays, Mackay, Rockhampton, Fraser Coast, Gympie, the Sunshine Coast and Gold Coast, and as far west as Mount Isa.
This latest waiver comes on top of $33.8 million in State land rent already waived as part of the Government’s $2.5 billion COVID relief to help support business during the global pandemic.
While there’s been some level of recovery as Queenslanders begin to explore their own back yards, tourism businesses across the state are still doing it tough, and not having to pay land rent is one way to help them to keep operating.
Tourism operators are expected to pass on the appropriate amount of land rent savings to sublessees.
More information can be found at https://www.qld.gov.au/environment/land/state/rents/tourism-lease-and-licence-holder-assistance or by calling 1800 841 397.
Last updated 25 September 2020