The Independent Pricing and Regulatory Tribunal (IPART) is responsible for setting the rate peg each year. For 2013/14, we have set the rate peg at 3.4%.
The Independent Pricing and Regulatory Tribunal (IPART) has set the Rate Peg for 2014/15 at 2.3%. The rate peg determines the maximum allowable percentage increase in general income (mainly rates income) for most local councils in NSW.
This Information Paper that includes information on IPART’s rate peg methodology and the rate peg for each council for 2022-23.
Information Paper - 2012-13 Rate Peg - December 2011