Freehold available for western graziers
Media release | 15 March 2018
From next week, graziers in the Western Division of NSW can apply to convert their leases to freehold, Minister for Lands and Forestry Paul Toole said today.
The new arrangements bring the Western Division in line with other parts of NSW.
“The Government is committed to supporting economic growth in the Western Division, and these new provisions will introduce greater flexibility for leaseholders, allowing more diverse land uses and encouraging investment,” Mr Toole said.
“The provisions provide for a consistent and fair approach to purchasing Crown land across NSW and throughout the Western Division.
Information sessions were held throughout the Western Division in February and March and demonstrated strong interest.
The new provisions take effect from Monday 19 March.
“These new provisions will provide a unique opportunity for leaseholders in the Western Division to expand their businesses and assist with the long-term management of their properties,” Mr Toole said.
The option to purchase a lease in the Western Division will be entirely voluntary. For those graziers who choose to apply, various criteria need to be met to ensure the unique environment of this region continues to be protected.
The Department of Industry – Lands and Water will also consider public and third party rights before approving a lease purchase.
Information on Western Division lease conversions can be found here.
Additional information sessions will be held at the Brewarrina RSL Club at 6.30pm on Monday 26 March and at Broken Hill Racecourse at 6.30pm on Thursday 5 April.