What are the latest changes to infrastructure contributions for new residential developments in outer Melbourne suburbs?

The latest changes in outer Melbourne's growth corridors involve a significant shift towards the new Infrastructure Contribution Plan (ICP) system, which is progressively replacing traditional Development Contribution Plans (DCPs) to standardise and streamline contributions for essential local and state infrastructure. This updated framework aims to provide greater cost certainty for developers through fixed, publicly available rates per net developable hectare or per lot, ultimately facilitating the timely delivery of critical community infrastructure like roads, open space, and community facilities.