ACT government to blame for Canberra's rents being high

By Letters to the Editor
July 15 2022 - 7:30pm
Rents in Canberra would be thousands of dollars lower if it wasn't for the heavy land tax burden. Picture: Dion Georgopoulos

What is the justification for the huge land tax bills being levied on investment properties in the ACT? Land tax is calculated on assessed land value and the cost, while met by the landlord, is inevitably passed onto the "renter" amongst other costs.

Advertisement

Ad

Advertisement

Ad

Advertisement

Ad

Advertisement

Ad

Advertisement

Ad

Get the latest Canberra news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.