The Andrews Labor Government is once again protecting Victorians from unfair council rate hikes by restricting any increase to a maximum of 2.25 per cent for 2018/19.
The cap matches both the forecast Consumer Price Index (CPI) and the advised limit from the Essential Services Commission (ESC).
In 2015, the Labor Government delivered the Fair Go Rates System, limiting council rate rises to the CPI and ending the uncontrolled hikes seen across the state for a decade.
The Fair Go Rates System, now in its third year, encourages Victoria’s councils to produce financial plans that take into account the long-term needs of their communities.
Central to development of these plans is consultation with local communities to determine what services should be prioritised.
Quotes attributable to Minister for Local Government Marlene Kairouz
“The days of Victorians being hit year-on-year with excessive council rate hikes are over.”
“Our Fair Go Rates System is making things fair for ratepayers and is ensuring local councils stick to their budgets.”
Reviewed 19 August 2020