IPART has approved applications by eighty-six NSW councils to increase their rates above the level of the annual rate peg.
This media release provides information about council applications received by IPART for special rate variation or minimum rate increase for 2022-23.
IPART has made decisions about 24 applications from councils to general income (mainly rates income) by more than the rate peg from 2013/14. This fact sheet summarises our decisions.
The Media Release provides information about our decisions on councils’ 2022-23 special variation and minimum rate applications.
IPART has announced the rate peg for 2023-2024, and released an Issues Paper for it’s review of the rate peg methodology.