Tag Archives: rate cap

Council plans 6.4 per cent more from rates

Council plans 6.4 per cent more from rates

Q: When is a 2 per cent municipal rate cap not a cap on rates? A: When a council adds another 8900 rateable properties to its income stream. The City of Melbourne will collect an extra $16 million in property rates next year. It plans to pull an extra 11.3 per cent in residential rates

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