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Planning

Pyrmont Peninsula

The NSW Government introduced a special infrastructure contribution (SIC) to help fund the new Pyrmont Metro station and associated infrastructure on 11 July 2022.

The SIC will collect up to $280 million from developers to help fund the new Pyrmont Metro station.

Current rates

The SIC rate is adjusted annually according to the latest Sydney Produce Price Index (PPI)

Pyrmont Peninsula Metro SIC contribution rates – FY2022–23

Contribution rates as at 11 July 2022

Class of development Contribution Rate
 1. Commercial development within the Pyrmont Peninsula Special Contributions Area (as identified in clause 12(1) of the Determination)  $200*^ per square meter of gross floor area
 2. Residential development within the Pyrmont Peninsula Special Contributions Area (as identified in clause 12(2) of the Determination) $15,000 *^ 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.
^The SIC rate is reduced by 50% until 1 July 2023 in accordance with Clause 20 of the Environmental Planning and Assessment (Special Infrastructure Contribution – Pyrmont Peninsula Metro) Determination 2022.

Transitional arrangements

To help developers adapt to the new charge, we are introducing the SIC in phases. A 50% reduction will be applied before 1 July 2023 and a 25% reduction is available in 2023–24. The full rate will apply from 1 July 2024.

Requirements for certifiers

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. 

How to pay

To confirm if your development is in the SIC area or to pay your contribution, visit our SIC Online Service.

Visit the SIC Online Service

Infrastructure contributions reform

The NSW Productivity Commissioner has proposed reforms to the infrastructure contributions system.

To learn more, read Improving the infrastructure contributions system.

For more information, phone the Housing Supply and Infrastructure team on 1300 420 596.