The ACT Greens today welcomed the ACT Government’s decision to heed the Greens’ call and charge land tax on vacant properties—a welcome step in addressing the Territory’s housing unaffordability crisis.
In March, the ACT Greens called on the Territory Government to follow the lead of other Australian states and territories and implement a land tax on vacant properties, with exemptions for principal place of residence and possibly agricultural or charitable use.
“The Greens believe we need to take clear steps to address the housing affordability crisis,” said Caroline Le Couteur MLA, ACT Greens Member for Murrumbidgee.
“For too long the taxation system has benefitted investors over home owners, contributing to housing stress for many Canberrans.
“Earlier this year, ACT Greens argued that there’s no reason the ACT Government could not make progressive land tax reforms like those successfully implemented by other states—certainly not during a housing crisis.
"We’re pleased today to see the Government heed our call for real action on housing unaffordability in the Territory. We can and must do more to address housing-related poverty, and today’s news is a welcome first step,” Ms Le Couteur added.