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Your say on Offsets Review

The Institute is calling for your experiences with the environmental offsets arrangements including MLES. A wide-ranging review of offsets is being undertaken by the Queensland Government to address concerns from stakeholders, and enhance business and industry outputs, as well as conservation outcomes. 

UDIA Queensland has advocated strongly for a review of the environmental offsets framework, given significant feedback from members regarding a lack of transparency, complexity of requirements and high financial costs. Environmental offsets are generally used by the industry to compensate for clearing of vegetation once avoidance and mitigation measures have been undertaken but a significant residual impact remains.

An offset can be a land-based offset provided by the developer, or a financial payment offset for government to secure and rehabilitate land over a period of time, to compensate for the environmental impact. Offsets can be required by local, state and commonwealth government.

A review of Queensland’s environmental offsets framework a discussion paper February 2019 invites submission of concerns with the existing arrangements and a full discussion of the opportunities for environmental improvements.

The Institute will prepare a submission and invites you to send examples, experiences or any comments to Policy Manager Martin Zaltron via by 6 March 2019.