• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • Latest News
  • Elections
  • LPP Decisions
  • Advisory Committees
  • Facebook

Council Watch

Watching Central Coast Council on behalf of fair-minded and reasonable people.

Central Coast Council Watch

Sign up to speak up on the rate peg system

August 30, 2022 by Merilyn Vale

The Independent Pricing and Regulatory Tribunal (IPART) says it welcomes the terms of reference from the
NSW Government to investigate and address concerns identified with the local government rate peg.
IPART has been setting the rate peg for councils across NSW since 2010.
The rate peg protects ratepayers from excessive increases in council rates by limiting the total amount by which councils can
increase revenue from rates each year, IPART says.
“We need to make sure that local councils can continue to provide services to their communities, while at
the same time protecting ratepayers from unnecessary rate increases,” IPART Chair Carmel Donnelly said.
Our current rate peg methodology includes considering annual changes in the average costs faced by
NSW councils and each council’s population growth.
“We will be looking at new approaches to setting the rate peg that reflect, as far as possible, changes in
inflation and local government costs, while continuing to protect ratepayers from excessive rate
increases,” Ms Donnelly said.
IPART will be consulting extensively as part of this review and is interested in all stakeholder views.
“We want to hear from both councils and ratepayers about what is and isn’t working with the rate peg,
and how it could be improved.”IPART expects to publish an issues paper and call for the first round of submissions on September 27.

Workshops on the rate peg methodology will be held in November with a draft report to be
released in February.

A public hearing will be held in 2023 after the draft report is released.
Further information can be found on the IPART website where people can sign up to get regular updates on the process.

https://www.ipart.nsw.gov.au/Home/Industries/Local-Government/Review-of-rate-peg-methodology

Filed Under: Latest News Tagged With: IPART, Rate peg

Reader Interactions

Comments

  1. Aurora Walker says

    August 30, 2022 at 3:12 pm

    As I don’t trust IPART because of their previous record in relations to our hefty increases in rates, this will be another waste of our time!!

Primary Sidebar

  • Facebook
  • Twitter

Council Meetings

MacMasters Beach temporary coastal protection back on agenda

May 26, 2025 By Merilyn Vale

Helicopter business goes to Melbourne

May 25, 2025 By Merilyn Vale

Councillors call on Premier to declare an emergency

May 7, 2025 By Merilyn Vale

Budget and operational plan for public exhibition

April 25, 2025 By Merilyn Vale

Briefing on assets on April 14

April 13, 2025 By Merilyn Vale

A drain on resources

March 23, 2025 By Merilyn Vale

Extraordinary meeting March 11 to finish February agenda

March 13, 2025 By Merilyn Vale

No January meeting: February 28 is first for 2025

March 13, 2025 By Merilyn Vale

December 10 meeting highlights

December 11, 2024 By Merilyn Vale

Urgent airport request – before masterplan is adopted

November 25, 2024 By Merilyn Vale

Email Newsletter

* indicates required




Footer

Merilyn Vale – Journalist

This page is run by journalist Merilyn Vale and is not associated with Council.

Recent

  • Burns Place Conservation Plan open for feedback June 25, 2025
  • Court on site at Wards Hill Rd for talks on telecom tower June 14, 2025
  • Mardi Old Farm gets subdivision approval June 7, 2025
  • Children’s picture book a winner June 7, 2025
  • Gosford Bowling Club still in limbo June 7, 2025

Search

Tags

Administrator airport ALGA ARIC Austin Butler Boarding house bowling club candidates Central Coast Central Coast Council Central Coast Council Watch Central Coast NSW CMP Community land COSS DAs Davistown dogs East Gosford elections Elections 2024 Expenses Gosford Gosford waterfront IPART LEC LGNSW LPP NSW NSW council elections politics Rates seawall Six Cities Commission TAFE ten questions The Entrance Tuggerah Lakes Umina Beach Wadalba East Wamberal Beach SOS Wamberal seawall Warnervale Water and Sewer Wyong

Copyright © 2025 · Merilyn Vale