Page 717 - Week 02 - Thursday, 20 February 2020

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Government—revenue
(Question No 2878)

Mr Coe asked the Treasurer, upon notice, on 29 November 2019:

(1) For each financial year since 2017-2018, and for each year of the forward estimates, what is the (a) number of dwellings that paid the fixed charge of the ratings system and (b) total amount of revenue generated through the fixed charge, broken down by (i) houses, (ii) rural properties, (iii) units and (iv) commercial properties.

(2) What are the commercial conveyance duty rates for each year since 2011 2012 and across each of the forward estimates, broken down by each threshold in Budget Paper 3.

(3) How many transactions are expected to occur for each year of the budget estimates and how many took place each financial year since 2017-2018 to date.

(4) Can the Treasurer provide the population of Canberra for each year since 2001 to date.

Mr Barr: The answer to the member’s question is as follows:

(1)(a) The number of dwellings by category subject to a fixed charge for 2017-18 is provided in QON response 1015 of 23 February 2018. The number of dwellings by category that paid the fixed charge for 2018-19 and YTD 2019-20 is detailed in Table 1 below. Table 1 does not include forward estimates as the Government does not forecast growth in rateable dwellings.

Table 1: The number of rateable properties paying the fixed charge (2018-19 and YTD 2019-20)

2018-19

YTD 2019-20

Residential

165,970

168,952

Houses (incl private flats)

113,963

114,623

Units

52,007

54,329

Rural

174

173

Commercial

6,326

6,433

(1)(b) The revenue generated through the fixed charge for 2017-18 is provided in QON response 1015. The revenue generated through the fixed charge for 2018-19 and YTD 2019-20 by dwelling category is detailed in Table 2. Table 2 does not include forward estimates as the Government does not forecast growth in rateable dwellings.

Table 2: Fixed charge revenue by dwelling category ($’000, 2018-19 to YTD 2019-20)

2018-19

YTD 2019-20

Residential

135,249

147,856

Houses (incl private flats)

92,864

100,318

Units

42,384

47,538

Rural

28

28

Commercial

15,918

16,867

Note 1: Does not include concessions

Note 2: YTD represents annual billing in the first quarter not revenue received


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