Lease Variation charge reprieve a welcome step: ACT Greens

2017-07-19

Caroline Le Couteur MLA

Today the ACT Greens welcomed the government’s decision today to postpone the introduction of an increased Lease Variation charge (LVC) in relation to unit development.

“The Greens support LVC as a way of ensuring that the community shares in windfall gains from increases in land values,” said Caroline Le Couteur MLA, Greens spokesperson for planning and development. “That said, I did raise concerns with the Government about the impacts of the sudden four-fold increase.