Monday 12 May 2025
MEDIA RELEASE
Welcome Relief, But More Needed to Revive Night-time Economy
The Property Council of Australia has welcomed the ACT Government’s announcement of free parking and other targeted support for businesses impacted by Light Rail construction but says more needs to be done to revitalise Civic’s struggling night-time economy.
Property Council ACT & Capital Region Executive Director, Ashlee Berry, said while free parking and licence fee reductions were a good start, they were “a drop in the ocean” for businesses that have been hanging by a thread since construction on Light Rail Stage 2A began.
“This announcement shows the Government has listened, but Civic’s challenges are far bigger than free parking after 5.30pm,” Ms Berry said.
“We are seeing businesses struggling to survive, staff hours being cut, and an atmosphere that feels more like a construction zone than the vibrant heart of our city. Without more meaningful action, many won’t make it through to see the long-term benefits of light rail.”
Ms Berry said the Property Council had called for a dedicated Night-Time Economy taskforce in its pre-budget submission to bring government agencies and industry together to address safety, crime prevention, and activation challenges.
“We need a serious, coordinated effort to breathe life back into Civic after dark. That means better safety, better promotion, and better support for our hospitality, arts, and entertainment venues,” Ms Berry said.
“We urge the Government to back our call for a dedicated Night-Time Economy taskforce in the upcoming Budget to drive long-term recovery and investment in our city’s night life.”
The Property Council also reiterated the need for practical, ongoing business support to ensure that Civic’s small businesses, bars, restaurants, and retailers remain viable throughout the disruption caused by light rail construction.
“The businesses doing it toughest aren’t asking for handouts, they’re asking for a fair go to stay open and keep people employed. That means practical support on rates, rent, and ongoing promotion to bring people back into the city,” Ms Berry said.
The Property Council ACT & Capital Region’s Economic Outlook on 29 May 2025 will feature insights from new CBA Chief Economist Luke Yeaman and Scyne Managing Director Adrian King. Visit the website for more details.
ENDS
Media: Andrew Parkinson | 0404 615 596 | [email protected]