If you are a property owner aged 65 or over, you can apply to defer payment of all or part of the balance of your total rates charges provided that:
- the property is your principal place of residence, and
- you own at least 75 per cent equity in your home.
To apply, complete and submit a Rates Deferral (Aged) Application Form to the ACT Revenue Office, with the supporting documentation attached.
Simple Interest applies on the amount that has been deferred.
The interest rate is variable and is updated every July and January in alignment with the monthly average 90 day Bank Accepted Bill rate issued by the Reserve Bank of Australia.