Offset payments
An offset payment is a financial contribution made by an applicant for the purpose of providing offsets under the:
- Queensland Biodiversity Offsets Policy (PDF, 515K)*
- Policy for Vegetation Management Offsets (PDF, 303K)*
- Net Gain of Koala Habitat in South East Queensland Policy. (PDF, 76K)*
Offset payments allow applicants to meet their offset obligation at the time of approval. This can be an alternative to a land-based offset, as either an upfront or delayed offset in accordance with the rules of the associated policy.
The requirements for the provision of offset payments under each offset policy area are described below:
- Biodiversity offset payments
- Vegetation management offset payments
- Koala offset payments
- Further information
Biodiversity offset payments
Under the Queensland Biodiversity Offsets Policy (the policy), a biodiversity offset payment can be made to the ‘Balance the Earth Trust’ for purchasing land containing state-significant biodiversity values. Purchasing the land would contribute to either the Queensland protected area estate and/or a strategic corridor mapped by the Department of Environment and Resource Management (DERM).
The ‘Balance the Earth Trust’ may pool biodiversity offset payments to maximise the conservation outcome by making larger more strategic purchases. All offset payments include administrative costs to cover acquisition and management costs for a period of 20 years.
When can a biodiversity offset payment be used?
A biodiversity offset payment can be used by all applicants under the policy, except where the impact area:
- is a legally secured offset area under the Vegetation Management Act 1999 (PDF)*
- is a critically limited ecosystem as identified in Appendix 5 of the policy
- is a threshold regional ecosystem as identified in Appendix 8 of the policy
- is a HES wetland as defined under the State Planning Policy (SPP), Protecting Wetlands of High Ecological Significance in Great Barrier Reef Catchments
- contains extinct in the wild, endangered, vulnerable and special least concern animal wildlife defined under the Nature Conservation (Wildlife) Regulation 2006 (PDF)*.
Offset payments are not allowed for the taking of endangered, vulnerable or near threatened protected plants under the Nature Conservation Act 1992 (PDF)*. A payment however, may be provided for another eligible value in the same impact area. That is, an endangered plant species in the impact area can be translocated and another impacted value(s) can be offset using an offset payment.
Information requirements
For a biodiversity offset payment to be considered, an applicant must provide the following information at the time of application:
- evidence that the impact area does not contain the values which prohibit an offset payment being made
- how the development avoided and minimised its impact on affected values
- the offset payment amount, which must be calculated using the offset payment calculator.
Where an offset payment is allowed, the applicant must provide the administering authority with an official receipt from the chosen trust prior to the development application being approved or any impacts occurring.
Calculating biodiversity offsets
The offset payments calculator must be used by applicants wanting to make an offset payment under the biodiversity and vegetation management offset policies. The offset payment is calculated based on three pieces of information:
Offset payment = land value + administration costs + management costs
Land value is calculated using the area of the impact site (ha) multiplied by five multiplied by the average rural land value per ha within the bioregion (PDF, 239K)* that the impact is occurring (Table 1).
Land value ($) = area of the impact site (ha) x 5 x average rural land value for the impacted bioregion ($)
| Bioregion 1 | Land value / ha 2 |
|---|---|
| Brigalow Belt | $5000 |
| Cape York Peninsula | $5000 |
| Central Queensland Coast | $5000 |
| Channel Country | $5000 |
| Desert Uplands | $5000 |
| Einasleigh Uplands | $5000 |
| Gulf Plains | $5000 |
| Mitchell Grass Downs | $5000 |
| Mulga Lands | $5000 |
| New England Tablelands | $5000 |
| North West Highlands | $5000 |
| Wet Tropics | $5000 |
| South East Queensland | $32,000 |
1 A minimum threshold of $5000 applies in bioregions where land values are low
2 Land value is subject to change over time and will be adjusted by the department as required
Administration costs include the costs associated with establishing an offset such as the acquisition process and offset establishment. These costs have been moderated depending on the size of the area being offset. That is the smaller the impact area the smaller the administration cost (Table 2).
| Impact area size | Percentage of administrative cost | Cost |
|---|---|---|
| Five hectares or less | 25% of administrative costs | $15,000 |
| Over five hectares but less than 20 hectares | 50% of administrative costs | $30,000 |
| 20 hectares but less than 50 hectares | 75% of administrative costs | $45,000 |
| Over 50 hectares | 100% of administrative costs | $60,000 |
Management costs include the costs associated with:
- maintaining firebreaks and fences
- controlled burning
- revegetation
- weed and pest management.
The cost is calculated on a per hectare basis and is based on the offset area being managed for 20 years. Management costs also include a one off payment for monitoring for the 20 years.
Management costs ($) = area of the impact site (ha) x average management cost ($) + monitoring costs ($)
Example:A developer clears 12 ha of remnant vegetation in the Brigalow Belt bioregion. The offset payment for this site based on current land value, administration and the net present value (NVP) of annual management costs calculated over 20 years is as follows:
- Land value = (12ha x 5) x $5000 = 60ha x $5000 = $300 000
- Administrations costs for 12 ha = $30 000
- Management costs (NVP over 20 years) = (60ha x $7000) + $21 000 = $441 000
- Therefore the offset payment = $771 000
Vegetation management offset payments
A vegetation management offset payment is a payment made by an applicant under the Policy for Vegetation Management Offsets to an environmental trust approved by DERM for the purpose of providing an offset on the applicant’s behalf.
In accepting an offset payment, the approved trust must:
- locate an offset that sits within a strategic biodiversity corridor identified by the Queensland Government
- meet the offset requirements consistent with the offset policy
- provide quarterly written reports on the progress of legally securing the pre-identified offset
- provide an offset area proposal to DERM for assessment against the offsets policy. The proposal must address how the offset area meets the requirements of the policy and include a legally binding mechanism and offset area management plan
- legally secure the pre-identified offset area within 12 months of the issuing of the development approval.
When can vegetation management offset payments be used?
Vegetation management offset payments can be used by all applicants under the policy except where an application does not meet all the performance requirements in the Regional Vegetation Management Codes and/or Concurrency Agency Policies.
Information requirements
For a vegetation management offset payment to be considered, an applicant must provide the following information at the time of application:
- an outline of how the development has been designed and located to avoid and minimise the extent of clearing
- an ecological equivalence assessment, consistent with Criteria 3 Obtaining Ecological Equivalence for the clearing area
- evidence from the approved trust to support the availability of a known pre-identified area which meets the requirements of the offsets policy
- the offset payment amount, as quoted by the approved trust, based on the costs associated with locating and legally securing the pre-identified area above.
Koala offset payments
A koala offset payment is a payment made by an applicant based on a standardised dollar amount for every non-juvenile koala habitat tree lost through development as determined by the application of the Offsets for Net Gain of Koala Habitat in South East Queensland Policy (PDF, 76K)* A payment of $920 per tree lost is based on the estimated average cost per hectare of acquiring land outside the urban footprint in the South East Queensland Koala Protection Area, plus the costs of planting and maintaining the trees until they are established, divided by an average density for bushland habitat, being 250 trees per hectare.
Who receives and administers the payments?
The agency that receives and administers the payments is determined by the instrument under which the obligation is provided.
Where an offset is required under the provisions of the South East Queensland Koala Conservation State Planning Regulatory Provisions (PDF, 182K)*:
- the offset payment will be provided to the relevant assessment manager
- (where the assessment manager is the State) the offset payment will be provided to DERM or DERM’s agent, as required.
Applications for community infrastructure designations within the South East Queensland Koala Protection Area as required by provisions of the State Planning Policy 2/10: (PDF, 152K)* Koala Conservation in South-East Queensland, the offset payment will be provided to DERM or DERM’s agent as required.
A self assessment of state-supported community infrastructure activities within the South East Queensland Koala Protection Area as required by the State Government Supported Community Infrastructure Koala Conservation Policy (PDF, 93K)*, the offset payment will be provided to DERM or DERM’s agent as required.
Further information
For further information, please refer to the following offset web pages:
- Biodiversity offsets
- Vegetation management offsets
- Koala offsets
- legally secured offsets register
- Offset resources
For questions and enquiries relating to offset payments contact your nearest DERM business centre or alternately you can email the offsets team via offsets@derm.qld.gov.au.
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Last updated 9 March 2012
