Leasing equipment

We may choose to lease equipment if it’s more cost-effective than buying it.

We generally only lease items with a total outright purchase cost of more than $500,000.

You must apply to Treasury and get approval before you can lease equipment. We have an agreement with a 'master lessor' and hold all our leases through them.

All lease contracts must be approved by the head of your organisational area and the Chief Financial Officer before they start.

Read the Plant and Equipment Leasing Procedures before you apply.