Ratepayers in North Sydney have dodged a significant rate increase, as the Independent Pricing and Regulatory Tribunal (IPART) has blocked the council’s proposal for an 87 per cent hike over two years. IPART chair Carmel Donnely highlighted that the council’s reasoning for such a steep rise lacked clarity, with many residents mistakenly linking it solely to the redevelopment of the North Sydney pool, while in reality, it would have substantially boosted the council’s surpluses.
In contrast, Northern Beaches residents face an increase, albeit less severe than originally sought. Rather than the proposed 40 per cent rise over three years, locals can expect a 25 per cent increase by 2027, which will provide the council with an additional $50 million. Northern Beaches Mayor Sue Heins expressed the necessity of this increase, stating that the council’s financials were on a downward trajectory.
Northern Beaches Councillor Vincent De Luca critiqued the council for failing to control expenses, suggesting it was increasing staffing while raising rates.
Furthermore, IPART has sanctioned rate increases for four other councils, approving a 69.94 per cent rise in Federation Council and a 37.67 per cent increase in Gunnedah Shire. Shoalhaven Council will raise its rates by 12 per cent, while the Upper Hunter Shire will see a 33 per cent boost.