Council collects funds that are wholly allocated to an incorporated Business/Trader Association representing the shopping centre, for the purposes of promoting and marketing the centre.
These funds are issued to the business associations twice yearly, based on a comprehensive agreement outlining governance and reporting requirements.
Eight special rate or charge schemes are in place for shopping centres in Boroondara:
- Burwood Village
- Glenferrie Road
- Maling Road
- North Balwyn Village.
Each scheme is renewed every 5 years.
Implementing and administering a special rate and charge scheme requires a significant commitment from Council and the business or trader association.
We encourage associations to contact Council to discuss a special rate or charge scheme for their shopping centre.