Beginning this month, there are a range of new incentives to support investment in the ACT. For the next year, there will be reduced charges for changing land leases for commercial use.
Fees for changes in land leases from residential to commercial use in the ACT will drop from 75 per cent to 50 per cent. There will be a 100 per cent rebate for charges associated with redeveloping former petrol station sites. There is also a two year moratorium on fees for late commercial developments.
The changes will apply only for next financial year until 1 June 2010. For more information, visit the ACT Chief Minister's website .
