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NSW boating tax continues to be contested by BIA - MarineBusinessWorld Oceania newsletter

by Peter Rendle 27 Jun 2024 15:00 PDT
BIA highlights disparity in boating taxes © Boating Industry Association

The NSW Government is set to hit the boating public and industry with the highest taxes in the nation from July 1, according to the Boating Industry Association (BIA). BIA represents hundreds of marine businesses and thousands of workers in NSW supporting the more than 2 million people who go boating each year in the State.

BIA says Transport for NSW had seemingly constructed the plan behind closed doors to significantly raise taxes on boating well beyond CPI, to raise millions of dollars in new revenue. BIA spokesperson Neil Patchett said, "Just a couple of years ago boating proved itself during a global pandemic as a standout option in recreation for people to experience the great outdoors and the social benefits of getting out on the water with families and friends. Now, despite reaping the revenue rewards of increased participation through extra licences and registrations over the past few years, Transport for NSW wants to make what are already the highest boating fees in the nation, even higher."

Meanwhile news from exhibitors at the upcoming 55th Sydney International Boat Show keeps coming. TMG have advised that their show display just got bigger, in more ways than one. With the addition of the PRESTIGE X70 and Lagoon SEVENTY 8, both premieres, this is not only TMG Yachts' largest lineup with six incredible boats but also the largest boats in length they have ever had at this show. Australia has never seen so many PRESTIGE Yachts all at one show either, signalling the arrival and dominance of TMG Yachts as the importer of these world-renowned yachts.

Also, Sirocco Marine is preparing for the Show where it too will be among the largest exhibitors, occupying a massive space in the ICC Hall with 36 models of the latest RIBs on display. In the popular larger models, the BRIG Eagle 10 and Eagle 8 will be joined by the versatile Eagle 670, all new arrivals in the 2024 range and offering a wide range of custom options for owners keen to get on the water in time for spring.

After a successful inaugural year in 2023, the BIA is once again calling for nominations for the Sustainability in the Boating Industry Award. Nominees will be assessed on their achievements in reducing environmental impacts through actions such as use of sustainable materials and manufacturing processes, contributing to emissions reduction, and/or implementing sustainable business practices. Nominations must be returned by July 3. The winner will be announced at the Sydney International Boat Show in August where they will receive a trophy and certificate, as well as $2000 towards upskilling staff in Sustainability practices.

The 11th Australia Tahiti Rendezvous was held across June 20-21 at Marina Taina in Papeete, Tahiti. The occasion provided an excellent platform for the Australians to educate the yachts currently in Tahiti on their cruising options, refit and maintenance facilities and service providers as they continue their journey west in the South Pacific. A total of 20 vessels were educated over the week with captains and crew alike grateful for the hospitality. David Good, CEO, Superyacht Australia said "As often the first stop for vessels after entering the South Pacific, French Polynesia is one of the primary reasons for vessels to come to the region. The Tahiti Rendezvous provides a platform for Superyacht Australia members to connect with the visiting superyachts and to encourage them to continue West, extending their stay in Asia Pacific."

And Beneteau, the world's leading marine brand, celebrates 140 years of expertise and innovation with this new addition to the successful Swift Trawler range. This latest family motor cruiser offers style, comfort and autonomy for demanding boaters. Tailor-made for social voyaging, the new Swift Trawler 54 combines contemporary design, elegant finishes and smart innovations throughout to create the perfect home on the water.

Stay warm,
Peter Rendle - peter.rendle@worldmarine.media

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