Powerboat-World.com
 
 
News Home Video Gallery Newsletters Features FishingBoating Photo Gallery Sail-World Australia Australian Cruising
Sail-World Australia Australian Cruising MarineBusiness-World
Sail-World.com : QLD Marinas at competitive disadvantage in Australia
QLD Marinas at competitive disadvantage in Australia

'MIAA Board member & QLD marina manager Mike Harvey.'    MIAA
Queensland marinas pay disproportionally high taxes and lease charges and have the most negative financial outlook of the 356 marinas across all Australian States according to research released by the Marina Industries Association of Australia (MIAA).

The ‘2011 Health of the Australian Marina Industry Survey’ report indicates that Queensland (QLD) marinas had more tenants operating at marines (939) than any other state and generated 26% of Australian marinas total gross revenues in 2010/11. QLD marinas however paid 30% of the total taxes and lease charges. Only 40% of QLD marinas expected to grow gross revenue this financial year while nationally the average was 49%. Nationally 43% of marinas expect gross revenues will stay the same this financial year.

MIAA board member and Manager of Runaway Bay marina in QLD Mike Harvey said 'the report provides the evidence that industry has been saying for years; QLD marinas are paying excessive taxes and lease payments. This is strangling marina investment in a State that has a natural competitive advantage in recreational boating’.

The report indicates that the ratio of Australian marinas capital expenditures to gross revenue was on average 46%. Across the states the ratios varied greatly from 85% in Western Australia, 64% in Victoria and 10% in QLD.

The Chairman of Marine Queensland’s Marina Division Mark Robertson said lack of capital expenditure by QLD marinas was a reflection of the lack of government action to remove the barriers that are holding back investment.

'The challenge for the new State government is to quickly create a positive sustainable investment environment. For example mandating marina lease arrangements that provide a long term incentive for investment by marina operators and financiers is urgently needed in the State'.

Marine Queensland is seeking to open urgent discussions with the relevant new ministers and department heads to progress this matter.

The Recreational Marine Research Center (RMRC) at Michigan State University conducted the survey for the MIAA. Copies of the 92 page report are available from the MIAA at AU$169. A three page highlights report is available on the MIAA web site at www.marinas.net.au

Attached – pic of MIAA Board member & QLD marina manager Mike Harvey. Further info. contact colin@marinas.net.au p +61 2 9439 5806 or Mark Robertson at markr@scarbmarina.com.au


by MIAA

  

Click on the FB Like link to post this story to your FB wall

http://www.powerboat-world.com/index.cfm?nid=96390

2:16 AM Mon 23 Apr 2012GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
Marina Industries Association of Australia news

Related News Stories:

26 Mar 2012  Research dispels marina stereotypes
19 Mar 2012  Boat storage demand exceeds supply - 2011 Marina Survey
19 Feb 2012  Winner of Bellingham International Marina Scholarship Heads to UK
19 Dec 2011  New marine conference and exhibition announced - Marine 13
07 Dec 2011  Australian and China marina industries strengthen ties
29 Nov 2011  Marina survey highlights marinas' commitment to the environment
12 Nov 2011  Sentosa Cove Singapore wins international accreditation
31 Oct 2011  River sustainability initiative and marinas in partnership
02 Sep 2011  Australian Health of the Marina Industry Index - available soon
30 Jun 2011  Marinas generate jobs and are lucrative to their communities
MORE STORIES ...




Power Boat News

















You scratched my seagrass! by Steven Katona, Newport, RI


Join us on Boating Safety Day on 28 September by Roads and Maritime Services,






Dangerous conditions forecast for NSW boaters by Roads and Maritime Services,










Abbot Point onshore disposal by Great Barrier Reef Marine Park Authority,










Great Barrier Reef plan released for comment by Queensland Minister for Environment,










Brisbane Boat Show begins *Feature by Jeni Bone,












Southport Yacht Club celebrates opening of 68th season *Feature
Brisbane Boat Show starts Friday - biggest in 10 years! *Feature
Marine Auctions adds new recruits
Ministerial advisory group launched by united marine industry sector
2014 Auckland on Water Boat Show: Coming up at the end of September
Australian research sheds light on ocean garbage gyres *Feature
Round the World racer joins Southern Pacific Inflatables
2014 Gold Coast Int'l Marine Expo - Quintrex factory opens its doors
Mediterranean Grand Prix - Pons and Chris win the titles
18 anti-piracy weapons for ships to fight pirates
Skysol Frame Large: A new shading solution for sunroofs
Mediterranean Grand Prix 2014 - Wins for Victory and Chaudron
Mediterranean Grand Prix, UIM-ABP Tour: Pons claims Runabout GP1 win
Mediterranean Grand Prix - Al Zaffain and Bin Hendi win race 1
Court judgement a stark reminder about towing safety
Australian Offshore Superboat 2014 - Superboats ready for Redcliffe
Southport Yacht Club’s annual Sail Past and Blessing of Fleet Ceremony
Gosport Grand Prix of the Sea finale to decide P1 champions
Camper & Nicholsons Yachts presents the Sagitta 42
GT15 and GT30 European Championships - Jelf takes to the podium twice
Marine Rescue crew saves cruiser in trouble in rough conditions   
XCAT Series gets set to conquer another continent in 2015   
Dangerous conditions for boaters on most of NSW coast   
2014 Mandurah Boat Show - Third largest boat show in Australia   
2014 Gold Coast International Marine Expo - Eye on the big picture   
Mediterranean Grand Prix - Powerboat racing heavyweights head to Ibiza   
Mediterranean Grand Prix - World Aquabike stars all set   
Antarctic sea-level rising faster than global rate   
Powerboat champions gear up for Honda RYA Youth RIB National final   
Andrew Scott joins Superior as General Manager *Feature   
2014 Gold Coast International Marine Expo - Fastest Jet Ski ever built   
Best Birthday Party ever at Southport Yacht Club! *Feature   
‘Hall of Fame’ status for Empire Marina *Feature   
Girl power all set for Nottingham powerboat racing action   
Cowes to Torquay Race 2014 - Intense activity in preparation   
Fort Lauderdale International Boat Show - 13 things to See and do   
Australian Offshore Superboat Champ - 15 Superboats in Coffs Harbour   
European première for Belize 54 Daybridge at Cannes Yachting Festival   
‘Fish Friendly’ accreditation for Sanctuary Cove Marina   
Plethora of Powerboat racing action this weekend   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News





Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png   http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW PBW
LocalAds   DE  ES  FR  IT