[no bill text published] Land tax exemptions for new self-contained dwellings
Land Tax Assessment Amendment (Build-to-Rent) Bill 2026
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Land used for new self-contained dwellings built between July 2025 and July 2030 gets a 75% land tax exemption.
This specific exemption ends after 10 years.
General exempt development land tax exemptions end after 20 years.
Land cannot claim both the general exemption and the new dwelling exemption in the same year.
Land loses the new dwelling exemption if the development no longer meets the legal requirements.
The Commissioner can keep the exemption active if the failure to meet requirements is temporary.
Land used for these new dwellings starting in the 2025-26 financial year is exempt for that year.