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Perth’s Modest Rates Rise Explained | Australia News
Description
Perth’s 2026-27 budget proposes a modest 2.45% rates increase — the lowest in the metro — to fund $321.5 million in services, with $115 million coming from rates. While neighboring councils like Nedlands (14%) and South Perth (over 5%) plan steep hikes, Perth positions its move as fiscally responsible amid economic uncertainty. After six months of planning, the council highlights smart budgeting, a $9.8 million surplus, and infrastructure investments — including taking over Elizabeth Quay next year. They’ve also tapped reserves for current projects and introduced tiered minimum rates (from $850 for homes to $1,200 for vacant land), plus installment payment options with interest. The budget, set for council vote July 22, balances service delivery with cost control — tight, but sustainable.
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