A special infrastructure contribution (SIC) was introduced on 11 July 2022 to help fund the new Pyrmont Metro station and associated infrastructure.
On 1 October 2023, the Pyrmont Peninsula Metro SIC was repealed and we introduced a new approach to state infrastructure contributions called the Housing and Productivity Contribution (HPC).
The HPC applies to development applications for new residential, commercial and industrial development (including complying development and state significant development) in the Greater Sydney, Lower Hunter, Central Coast and Illawarra-Shoalhaven regions.
Funds collected under the system help to deliver essential infrastructure such as schools, hospitals, major roads, public transport infrastructure and regional open space to create vibrant, liveable communities.
Development applications (DAs) lodged prior to 1 October 2023 will continue to be assessed under the SIC. Funds collected will be spent in the areas where the contributions were collected.
Current rates
The SIC rate is adjusted annually according to the latest Sydney Produce Price Index (PPI)
Pyrmont Peninsula Metro SIC contribution rates – FY2024–25
Contribution rates as at 11 July 2024
| Class of development | Contribution rate |
|---|---|
| 1. Commercial development within the Pyrmont Peninsula Special Contributions Area (as identified in clause 12(1) of the Determination) | $285*^ per m2 of gross floor area |
| 2. Residential development within the Pyrmont Peninsula Special Contributions Area (as identified in clause 12(2) of the Determination) | $17,104*^ per dwelling |
*The SIC rate is indexed annually on 1 July as outlined in Clause 13 of the Environmental Planning and Assessment (Special Infrastructure Contribution – Pyrmont Peninsula Metro) Determination 2022.
Changes to the Environmental Planning and Assessment Regulation 2000 mean certifiers must confirm that there is no outstanding SIC payment required before issuing an occupation certificate.
To see if your development is in the SIC area or to pay your contribution, visit the SIC Online Service.
Resources
- Ministerial determination: How the SIC is levied
- Ministerial direction: Conditions for development consent
- Pyrmont Peninsula SIC – Area map
- Pyrmont Peninsula SIC – Urban intensification sites map
- Planning circular – PS 20-003: Payment of infrastructure contributions or levies prior to the issuing of an occupation certificate (PDF, 216 KB)
More information
For more information, phone the Housing Supply and Infrastructure team on 1300 420 596.