August 25, 2026 — 8:11pm

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Brisbane property developers paid significantly less than expected into council coffers over the past year, likely due to a fall in construction projects.

Initially forecast to contribute about $163.7 million, developers paid just over half that at $84.2 million.

The figures were revealed in a financial report published ahead of Tuesday’s Brisbane City Council meeting.

A representative for the lord mayor’s office said multiple factors accounted for the shortfall, but the main one was the completion of fewer projects…

Read the full article at SMH.COM.AU