Rate Increase, Short-Stay Permit Scheme, and Paused Food Waste Recycling Trial

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Rate Increase, Short-Stay Permit Scheme, and Paused Food Waste Recycling Trial

Key Takeaways

Average rates increase of 3.8% for owner occupiers, slightly above Brisbane's inflation rate of 3.4%.

This translates to an average increase of $2 per week on rates bills.

Council fees and charges will also increase by 3.8%.

Total budget size of $4 billion, including an infrastructure spend of almost $1 billion.

Net debt expected to reach $3.7 billion in 2024/25 before declining in subsequent years.

Revenue from rates and utilities charges projected to increase by 5.8% in the next financial year.

Labor opposition criticizes the rates increase as adding to the cost-of-living crisis.

Points out that capital expenditure across various programs is declining in 2024-25 compared to the previous year.

Council to introduce a permit scheme for short-stay accommodation, requiring owners to nominate a property manager available 24/7 to respond to complaints.

Owners will also need to prove they have planning permission before being granted a permit.

Homeowners in low-density residential zones will likely be barred from obtaining permits for short-stay rentals.

Continuation of $2 pool admission this summer.

Seeking expressions of interest for new traffic management technology.

Pausing the food waste recycling trial due to high costs and low participation.

Launching a detailed investigation into less costly ways to reduce landfill waste.