Notional price of work
The insurable value of the work is divided by the number of dwellings or units in a multi-dwelling project (e.g. for duplexes you divide the total insurable value by 2 to get a notional price per duplex).
QBCC licence and other fees are set by regulation and increase according to the Government Indexation Rate. For 2024-2025, the Government Indexation Rate is zero percent. Therefore there was no fee increase on 1 July 2024.