ACT budget papers reveal rising rates and a delayed surplus, as health levy scrapped
The ACT government's 2026-27 budget reveals a higher-than-expected deficit and a 5% average increase in rates for households. However, the government has scrapped a controversial health levy and introduced a stamp duty exemption for all first-home buyers.
Why it matters
These fiscal changes directly impact the cost of living and housing accessibility for residents in the Australian Capital Territory.
The ACT budget papers show the deficit has not shrunk as much as was forecast. ( ABC News )
The article balances the negative news of rate hikes with the positive news of tax relief, maintaining a neutral reporting tone.
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