Councils will be able to increase the revenue they can collect from rates by a maximum of 2.7% in 2019-20 under the rate peg announced today.
IPART has set the 2019-20 rate peg for NSW councils at 2.7%. This fact sheet presents further information relating to the setting of the 2019-20 rate peg.
The Independent Pricing and Regulatory Tribunal of New South Wales (IPART) is responsible for setting charges for government monopoly services.