The Triton

Where in the World

Foreign yachts now can charter in Australia


The Australian parliament passed legislation on Thursday to allow foreign-flagged superyachts to charter in Australian waters. 

The Special Recreational Vessels Bill 2019 grants superyachts the use of a temporary coastal trading license, which allows commercial charter activities. The license exempts vessels from paying importation duties, although they will be required to pay 10% GST on the value of the charter.

Work to amend the Coastal Trading Act for superyachts in the long term continues, according to a press release from Superyacht Australia. Previous efforts to pass the amendment in 2015 and 2018 were unsuccessful. However, in order to take advantage of upcoming events such as the Tokyo Olympics in 2020 and the America’s Cup in Auckland in 2021, the Australian government introduced legislation separating superyachts from the prior disagreements over coastal cargo operations, leading to bipartisan support for passage of the special vessel legislation on the last day of parliament this year.

“The ability to charter in Australia now supplements charter in New Zealand, Tahiti, Fiji and Papua New Guinea, where superyacht charter is already permitted, and reinforces the South Pacific as a destination of choice for superyachts,” said David Good, CEO of Superyacht Australia. “The Great Barrier Reef, The Kimberley’s and Ningaloo Reef, the wilderness of Tasmania and the hustle of Sydney Harbour are all best enjoyed from on the water. Superyacht chartering is really one of the best ways to experience what Australia has to offer.” 

Superyacht Australia is hosting a “Grand Soiree” on Feb. 22 in Sydney Harbour to celebrate the decision.

Related Posts

  • Superyacht Northwest gears up for Pacific Rim events
  • First Australia Fiji Rendezvous draws 17 yachts
  • Yacht captains, crew aim to hold course during pandemic
  • Share This Post

    Leave a comment

    Your email address will not be published. Required fields are marked *

    Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Editor’s Picks

    Owner’s View: Effort in captain-owner interview pays off

    Owner’s View: Effort in captain-owner interview pays off

    Owner’s View: by Melvyn Miller As is the case with owners of yachts, I have found it difficult to describe an average captain of a …

    Ocean plastic removal program gets grant

    Ocean plastic removal program gets grant

    Photos by Lockhart Maclean Fort Lauderdale-based Mission Resolve Foundation has gifted Ocean Voyages Institute $25,000 as a challenge …

    MarineMax acquires NJ

    MarineMax acquires NJ

    Clearwater, Florida-based MarineMax has acquired Fort Lauderdale-based brokerage firm Northrop & Johnson, a 71-year-old company that …

    RPM Diesel owner dies

    RPM Diesel owner dies

    By Lucy Chabot Reed Joe Rubano, owner of Fort Lauderdale-based RPM Diesel Engine Co. and Diesel Services of America, died at his home …