BY OLIVIA DILLON
Hunter boating facilities are set to receive upgrades, thanks to new marina leasing reforms.Marinas on Crown land will be offered extended leases of up to 40 years, in exchange for a commitment to reinvest in and upgrade facilities.
Soldier's Point Marina in Port Stephens is just one location set to benefit from the reforms, which will also include a new standard lease template and the introduction of more more transparent rent calculations for operators.
Boating Industry Association President Andrew Fielding said the industry welcomed the changes, which will support local jobs and economies, while providing tourists and communities with world-class facilities.
"The leasing reforms will create a framework where marina operators and investors can deliver important privately-funded public infrastructure with confidence, while greatly improving their offerings to boaties and the broader community." Mr Fielding said.