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ACT remains a good place to do business

On Jun 05 2012
Tagged as:
  • ACT


The ACT government is taking steps to make sure the territory remains a great place to do business, ...

The ACT government is taking steps to make sure the territory remains a great place to do business, by supporting growth and jobs.

When looking for the ideal spot for an office rental, businesses take all sorts of factors into consideration, such as the local workforce and access to a strong economy.

For these reasons and many more, the Australian Capital Territory has proved attractive to companies over recent years - and the trend is showing no signs of abating.

The government explained that the territory has a triple-A credit rating and low unemployment, making it an ideal place for firms to set up shop.

Incentives intended to attract organisations to commercial property in the area include the Canberra Business Development Fund, which provides access to capital funds through equity investment.

Transport is also a big consideration for businesses these days, so Canberra will soon be welcoming upgraded parking machines to make it easier for locals and businesspeople to pay for parking in the city.

Among the improvements is the use of SMS parking technology and the option to make credit card payments.