As a key pillar of our commitment to reduce the cost of living for families, a Canberra Liberals Government will freeze rates for four years.
That means that your rates will not go up from our first budget and throughout our first term in office. If we can continue this beyond 2024, we will.
Our rates freeze will provide relief to Canberrans and bring back predictability and security to household budgets.
Under Labor and the Greens, rates have tripled since 2012, and the services you rely on aren’t improving.
In June 2019, the Labor-Greens government announced yet another massive rates increase. In the next 12 months:
Rates for houses increase by 7%,
Rates for unit titled properties increase by 11%, and
Land tax increases by 7%.
A rates freeze is a big saving to Canberrans, but only a fraction of the government’s budget.
99.5% of the budget will remain to pay for the services Canberrans expect.
There is a better way.