An iCIRT rating report is required for ACT developers

Required as part of the license application process
iCIRT is the only approved rating entity
Operational and financial capacity assessment included
Fit and Proper person checks included.

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The ACT’s Property Developers Act 2024 is introducing mandatory licensing for multi-unit residential developers.

This includes an independent assessment of capacity and capability from a rating entity. iCIRT, the Independent Construction Industry Rating Tool, is the Government’s preferred provider. An iCIRT report will help you meet the new licensing requirements and position your business as a trustworthy and compliant leader.

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Get an iCIRT rating report

Secure your iCIRT rating early to demonstrate market leadership in the ACT, enhance your reputation, build buyer confidence and attract more opportunities.

Regulated

Report from a rating entity

The regulated rating agency Equifax Australasia Credit Ratings Pty Ltd is currently the only approved rating entity to provide the rating report.

Independent

Evauluates capacity & capability

iCIRT provides an independent assessment of operational and financial capacity, plus Fit and Proper tests. These are required for ACT licensing. It also identifies possible improvement opportunities and risks, enabling you to proactively address potential issues before the legislative deadline

Streamlined

Simplifies licensing process

iCIRT ratings can help streamline licensing. Many developers have already successfully navigated the assessment process: 1 in 3 major NSW developers and builders are iCIRT rated, representing two-thirds of the residential building market value.

Trustworthy

Built on government and industry collaboration

iCIRT was developed in close consultation with the government, industry and market. iCIRT rated developers stand out as trustworthy and reliable.

Benefits of Getting iCIRT Rated

Understand how an iCIRT rating may support sales conversions, enhance your brand and help differentiate your business.

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Get iCIRT rated and get recognised

Australian construction firms seek iCIRT ratings to stand apart from unscrupulous and high-risk operators.

iCIRT ratings are objective, independent and based on six assessment criteria: Capability, Conduct, Character, Capacity, Capital and Counterparties. Thousands of data points evaluate 150 key attributes to determine the rating outcome.

Hear about iCIRT benefits from these developers:

Mark Monk, Managing Director, Helm Property

Tim Spencer, Executive General Manager, Mulpha Australia Group

Bruce Rayner, CFO, Deicorp Property Group