ACT Government’s 2022-23 Budget includes build-to-rent initiative

Revenue measures are limited to the ACT’s continuing progressive abolition of conveyance duty, offset by increases in annual rates, which ties into a new build-to-rent initiative, as outlined by Jenny Lee and Dorian Beaver.

Australian Capital Territory (ACT) Chief Minister and Treasurer Andrew Barr delivered the ACT Government’s 2022-2023 budget on Tuesday 2 August, titled “Delivering for Canberrans: now and into the future.” Major themes of the budget include further investment in healthcare (a consistent theme across the nation, given recent events) as well as highlighting the ACT as the fastest growing jurisdiction in Australia (citing population growth data from the recent census). Revenue measures are lim...

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Authors: Jenny Lee, Dorian Beaver

Published Date: 04 August 2022