Incentives for jobs, capital investment, leasing and R&D
The GCHKP Project Office can coordinate a program of attractive incentives for qualified companies, with a new program endorsed by the City of Gold Coast boosting the assistance available, including to eligible companies seeking tenancies in the Precinct.
In February 2019, the Council of the City of Gold Coast endorsed a range of modifications to the GCHKP Investment Attraction Program, adding to the financial and in-kind support available to companies seeking to invest.
For the first time companies seeking tenancies are eligible to receive a rebate on overall lease costs (first two years).
Increases in financial incentives have been approved relating to capital investment within greenfield development (1.5% within the first two years), and job creation ($1,000 incentive per FTE between $50k-$80k and $7,000 incentive per FTE for a salary over $80k).
Incentives are also available to support R&D projects, workforce assistance and specifically to attract a companies’ Australian head office to the GCHKP.
The GCHKP Project Office now manages the Investment Attraction Program from start to finish, providing a more streamlined experience for companies.
The Project Office can also assist with information and access to assistance by the Australian and Queensland Governments, including the Federal R&D Tax Incentive and potential opportunities through the Advance Queensland Industry Attraction fund.
Companies locating to Queensland can also benefit from Australia’s lowest rate of payroll tax.
Download our Investment Attraction Guide for further information.