Shadow Minister for Local Government, Greg Warren MP, has warned residents in
growing communities will be subjected to higher rates following changes to the
rate peg cap.
The Independent Pricing and Regulatory Tribunal recently announced the base
rate peg cap would be set at 0.7% with rises beyond that considered for councils
experiencing population growth.
This decision will essentially see the rate cap rise up to 5% in some communities.
Mr Warren said it was an outrageous change that would impact many people
“This is essentially a tax that will be imposed on residents who welcome new
people into their communities.
“This is nothing but another cost shifting exercise from this NSW Government onto
the councils throughout our state.
“Not only will this decision see rates rise in growing areas, it will have a
disproportionate effect on many regional and rural communities who may not
experience population growth but nevertheless have a high demand for
infrastructure and services.
This is a ludicrous decision and one that needs to be reversed immediately, an ill thought-
out policy significantly impacting families and communities across NSW.”