Destination Brisbane Consortium sues Brisbane City Council over $30 million rates bill

Queen’s Wharf rates dispute land valuation Brisbane City Council Destination Brisbane Consortium

The Destination Brisbane Consortium has initiated legal proceedings in the Supreme Court of Queensland against the Brisbane City Council and the state valuer-general. The lawsuit seeks to contest land valuations and reduce an unpaid rates bill estimated at approximately $30 million.

The $3.6 billion Queen’s Wharf complex, which includes The Star casino, luxury hotels, retail precincts, and roughly 2,000 apartments, has not paid rates since its opening. A specific rating category for the site was established in 2023.

Brisbane Deputy Mayor Fiona Cunningham stated that the rates reflect the significant land value and high service levels of the precinct, noting that a multibillion-dollar integrated resort should not be taxed similarly to suburban businesses or homes. A preliminary hearing is scheduled for December 4.

Entities

Brisbane City Council · Far East Consortium

Sources

Queen’s Wharf rates dispute: Destination Brisbane Consortium takes Brisbane City Council to court over $30 million bill [www.watoday.com.au]

4 days ago

Queen’s Wharf rates dispute: Destination Brisbane Consortium takes Brisbane City Council to court over $30 million bill [www.smh.com.au]

4 days ago