PWA Expert Richard Rodden Weighs In on Government’s Proposed Financial Incentives for Compulsory Land Acquisition

Richard Rodden, our specialist in land and property law, has been featured in Farmers Weekly, discussing proposed changes to the Public Works Act and what they mean for landowners. The article examines new financial incentives and process adjustments designed to streamline land acquisition for public infrastructure projects, highlighting the potential benefits and key considerations for affected landowners.

Works Act Change Offers Sweeteners to Landowners

New incentives and processes set out in a draft bill could shorten the land acquisition process by months. These will be 5% of the landowner’s land value, up to $92,000, paid to those who have their property acquired through the accelerated process.

A draft amendment to the Public Works Act includes financial incentives for those who voluntarily sell their land, as the government looks to streamline infrastructure projects and reduce the time and cost involved in acquiring land.

Senior Associate Richard Rodden, who specialises in Public Works Act matters at Tavendale + Partners, says the amendments could bring more certainty and efficiency to the process, particularly for landowners who want to avoid lengthy disputes.

“The financial incentives and timeline adjustments offer some key benefits, but landowners should still be aware of their rights and options under the Act.”

If passed, these changes will be the most significant updates to the Public Works Act in years, introducing mechanisms aimed at balancing the needs of infrastructure development with fair compensation for affected landowners.

Read the full article here:
Works Act Change Offers Sweeteners to Landowners