There are hopes the battered Palm Beach Reef on the Gold Coast will be given a chance to regenerate with the creation of an artificial reef to protect it from storms, while also supplying new surf and dive sites.

The proposal comes after Cyclone Oswald battered the coast in 2013 and nearly destroyed some Palm Beach homes.

The proposed solution is to manipulate the direction of waves, by placing boulders 300m off the coast – an artificial reef.

“The shoreline will be protected, lives will be saved and property saved,” Gold Coast Mayor Tom Tate told 9NEWS.

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