News
Brisbane City Council rates would increase by an average 3.45 per cent next financial year, keeping them well below current inflation rates of 7 per cent.
News
Brisbane residents will be slugged with an average rate increase of almost 5 per cent as the council wrestles with a huge flood and Covid recovery bill and rampant inflation feeding into spiralling costs.
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Gold Coast residents will be slugged an extra $70 a year under a 2.5% rates rise, as the city “rocket-charges” infrastructure spending ahead of an expected investment frenzy if the region wins the rights to host the 2032 Olympic Games.
Deputy Premier Steven Miles has backed councils to set rates without state government interference, despite a new report warning that the hands-off approach could be inviting trouble as farm land values rise.
Brisbane has recorded the nation’s highest inflation for the September quarter of 2.3 per cent.
Brisbane’s central business district may have to be redesigned and some office buildings demolished or repurposed, councils could see a falling rates base and people could abandon public transport, according to urban and environmental planner Dr Tony Matthews.
