TOURISM NOOSA FUNDING AND PERFORMANCE DEED 2026–2029 · Report

GENERAL COMMITTEE MEETING                                                           13 APRIL 2026


achievement under the Annual Outcome Report, calculated in accordance with Schedule 2.

Reporting and governance
Quarterly progress reports and the Annual Outcome Report are required. Governance protections
include maintenance of a $200,000 contingency fund held by TN, (withdrawals subject to reasonable
Council approval), Council observer participation at TN Board meetings, annual review of KPI’s and
Council discretion regarding any further term beyond 2029. These measures safeguard public funds
and support disciplined delivery. Reporting under the Funding Deed is structured to enable Council
to assess both overall performance and delivery against Agreed Priorities and KPIs.

The Funding Deed also introduces a clear underperformance review and termination framework.
Where Tourism Noosa achieves less than 50% of KPIs and Target Metrics in a financial year, Council
may require a formal performance review meeting to identify causes and remediation actions.
Persistent material under-performance provides Council with a defined right to terminate the Funding
Deed. These provisions ensure transparency, procedural fairness and protection of public funds.

Council Decision
This report seeks Council consideration and approval of the Tourism Noosa Funding and
Performance Deed 2026–2029 and to authorise the CEO to finalise and execute the Funding Deed
(including minor administrative amendments if required).

In summary
The proposed Funding Deed provides funding certainty with strong accountability, aligns TN’s role
with the DMP and Roadmap, has clear performance and governance controls, and establishes a
fit-for-purpose engagement model to deliver measurable outcomes for the community, environment
and local economy. It implements Council’s December 2025 direction and positions the partnership
to deliver on Noosa’s destination stewardship ambitions over the next three years.

RECOMMENDATION
That Council:
A. Approve the Tourism Noosa Funding and Performance Deed 2026–2029 with Tourism Noosa
   Ltd for a term of three (3) years, commencing 1 July 2026 and ending 30 June 2029, for funding
   of $2,000,000 per annum (ex GST), with CPI indexation applied from the second year of the
   Term, capped at a maximum of 3.5% per annum, subject to the terms and conditions of the
   Funding Deed as per Attachment 1.
B. Note that the funding will be paid in three instalments, with the second instalment subject to a
   performance-based adjustment of up to $350,000, based on Council’s assessment of KPIs and
   Target Metrics achievement under the Annual Outcome Report and having regard to the KPI
   priority rankings and points-based calculation methodology set out in Schedule 2 to the Deed.
C. Authorise the Chief Executive Officer to:
   1. Finalise and execute the Tourism Noosa Funding and Performance Deed 2026–2029,
   including any minor or administrative amendments if required following Council decision; and
   2. Administer the Funding Deed in accordance with its terms.


REPORT
Background
On 20 April 2023, Council approved a two-year Tourism Noosa Funding & Performance Deed (to 30
June 2025) with a two-year option, providing $2.52 million per annum (ex GST). That agreement
strengthened governance arrangements and clearer planning and compliance obligations, and
formalised quarterly reporting to Council against agreed performance measures. The deed also
anticipated future alignment with Council’s DMP once adopted.