We use penalty units to calculate fines. In Queensland, the current value of one penalty unit (for 2023/2024) is $154.80.
Each type of offence attracts a number of penalty units. When the penalty unit value is applied to offences enforced through the issuing of a fine, the amount of the fine is to be rounded down to the nearest whole dollar.
This means if a fine is worth 3 penalty units, the fine is then $464.00 (rounded down from $464.40).
The Queensland State Treasurer regularly reviews penalty units. Penalty units apply to fines for both Council’s Local Laws and other legislation.