ACT Affordable Housing

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Invitation to make submissions

12.09.08

Members of the public, community and business organisations are invited to make submissions to the Affordable Housing Steering Group.

more (PDF - 78kb)

Affordability improves for first homebuyers

20.08.08

The Government has welcomed a new industry report showing that first home buyer affordability increased by 10% in the June quarter of 2008, compared to the same quarter in 2007.

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Affordable Housing Action Plan Progress Report

> Download (PDF 124kb)

Affordable Housing Action Plan

> Download (PDF 145kb)

Report of the Affordable Housing Steering Group

> Download (PDF 458kb)

Ministerial Statement on Housing Affordablity

> Download (PDF 60kb)

PROMPT DEVELOPMENT OF LAND

Objective:

Ensure compliance measures operate effectively to support the land supply strategy.

Initiatives	Achievements
Increase the penalty for failure to develop on new land within the specified times to up to five times the rates applying to the block.	Increased fees for failure to develop and complete development have been included as part of amendments to the Planning and Development Act 2007. The process of assessment and administration is currently under review, including industry consultation.
Introduce a hardship test for owners of individual blocks where financial difficulties may impact on completion of development, and set lower penalties for individuals and higher penalties for corporations.	A hardship test is incorporated in the Planning and Development Act. A change of circumstances test is also being considered to take into account changes in market conditions and other issues.

Initiatives

Achievements

Increase the penalty for failure to develop on new land within the specified times to up to five times the rates applying to the block.

Increased fees for failure to develop and complete development have been included as part of amendments to the Planning and Development Act 2007.

The process of assessment and administration is currently under review, including industry consultation.

Introduce a hardship test for owners of individual blocks where financial difficulties may impact on completion of development, and set lower penalties for individuals and higher penalties for corporations.

A hardship test is incorporated in the Planning and Development Act. A change of circumstances test is also being considered to take into account changes in market conditions and other issues.