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Unlocking Commonwealth Land for better use



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SENATOR THE HON MATHIAS CORMANN M inister for Finance De

puty Leader of the Government in the Senate

F

riday, 1 December 2017

UNLOCKING COMMONWEALTH LAND FOR BETTER USE

The

Government continues to ensure that the Commonwealth's property portfolio is a ppropriate for expected future needs and maximises value for taxpayers.

The new Commonwealth Property Disposal Policy will deliver on the Government’s c ommitment to ensure surpl us land holdings are put to better use.

There will now be requirements that place a greater focus on identifying surplus C ommonwealth land and new requirements for inclusionary zoning to be considered in the

sa

le of Commonwealth land particularly where it is suitable for housing.

All Australians will be able to propose alternative uses for Commonwealth land, through the Australian Government Property Register. This might include suggestions to deliver more houses, community amenities, key services or employment hubs.

T

he Government will continue to strategically review its landholdings to determine where land is surplus, potentially surplus or underused.

[ENDS]

Media Contact Karen Wu 0428 350 139