Ask RiotACT: Where is the historic rates info on the ACT Gov website?

chewy14 said :

The people you mention aren’t “losers”, in fact they’re some of the biggest winners because it allows them to downsize their properties or move far easier than before because they don’t get hit with a massive stamp duty penalty that can lock them into unsuitable housing. It increases housing mobility

It also allows far more economically efficient use of scarce inner city land that then benefits us all through increased growth as well as reducing pointless speculation on land value appreciation by increasing the holding costs of property for those people who you claim are better off financially.

There are many ‘losers’ and few ‘gainers’.

Everyone who pays rates that rise over 60% in four years is a loser because such rises are unfair and excessive. That makes most of the ACT rate paying population ‘losers’.

Look particularly at the family of two adults and two kids struggling to budget for rising rates on average incomes. The widower who has lived most of her life in the one community and does not want to be forced out. Anyone else who likes where they live and has no intention to move. They are not going to benefit from a reduction in stamp duty.

Explain to them your plans for the “economically efficient use of [[their]] scarce inner city land”. They and many others are the true losers of this policy which has the effect of making people’s own home less and less affordable, unless they are so wealthy they can afford to pay residential rate increases well in excess of their income growth.

Rates hit hardest on those people who are not wealthy or on fixed incomes. Rates are paid for out of income and the pension, not from the value of the property the house happens to sit on. The value of the property you live in does not help you pay rates. Or can we expect a ‘let them eat cake’ type response from Labor aristocracy along the lines of ‘well, they can rent out a spare room’ or ‘they can take out a reverse mortgage’ or ‘ they should leave their home for an outer suburb so that we can make more economically efficient use of their scarce inner city land.’

So who are the real ‘gainers’? Identifying them explains a lot.

The real beneficiaries of this policy are those who are pushing hardest for a reduction in stamp duty. The property industry.

Property developers and real estate agents make more commissions with a higher turnover in houses and make higher commissions if they can push people into higher priced homes without the buyer also having to budget for high stamp duty. Less stamp duty obviously means a person can buy a more expensive house. The property industry is behind this policy because they are clearly the greatest beneficiaries. They don’t care that you pay higher rates once you move into the house they sell you.

Note also the recent reports of rising property industry donations and interest in political party memberships. Greed is always a strong motivator.
http://www.canberratimes.com.au/act-news/property-developers-buying-up-act-labor-party-memberships-20160718-gq86ob.html

Those who promote the ACT Government’s rates policy are either members of the property developing and selling industry, or their useful dupes.

rommeldog56 said :

JC said :

Oh as for my rates someone asked above, in 2012 they were $1465 pa they are now $2045 so about 39% increase over 5 years. However I just sold that place and brought a new one. I paid $26k in stamp duty however before the reforms started would have paid $35k. So I am actually better off.

And thats the crux of the issue. $35K in stamp duty under the old regime ?

That was a fair whack of a purchase price then. So, those who can afford to move “are actually better off” – but those losers under the new regime who can not (eg. self funded retirees, low paid workers, those with a disability, etc) who by hard work actually try to become financially independent (and not rely on the public purse via Centrelink payments) & can afford their own home in the ACT, probably can not.

Again, the better off financially who can afford to move every 10 years, can use the new Annual Rates regime to their financial advantage. Stuff everyone else.

The people you mention aren’t “losers”, in fact they’re some of the biggest winners because it allows them to downsize their properties or move far easier than before because they don’t get hit with a massive stamp duty penalty that can lock them into unsuitable housing. It increases housing mobility

It also allows far more economically efficient use of scarce inner city land that then benefits us all through increased growth as well as reducing pointless speculation on land value appreciation by increasing the holding costs of property for those people who you claim are better off financially.

JC said :

Oh as for my rates someone asked above, in 2012 they were $1465 pa they are now $2045 so about 39% increase over 5 years. However I just sold that place and brought a new one. I paid $26k in stamp duty however before the reforms started would have paid $35k. So I am actually better off.

And thats the crux of the issue. $35K in stamp duty under the old regime ? That was a fair whack of a purchase price then. So, those who can afford to move “are actually better off” – but those losers under the new regime who can not (eg. self funded retirees, low paid workers, those with a disability, etc) who by hard work actually try to become financially independent (and not rely on the public purse via Centrelink payments) & can afford their own home in the ACT, probably can not.

Again, the better off financially who can afford to move every 10 years, can use the new Annual Rates regime to their financial advantage. Stuff everyone else.

Acton said :

davo101 said :

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

Ah the power of pointless extrapolation. If the Australian economy continues to grow at 3% pa then by 2090 ACT rates will be the size of the Australian economy.

How ’bout we do a little back of the envelope instead? Looking at this year’s budget papers conveyance duties are about 60% of the general rates revenue. If there are 15 years left in the transition to no conveyance duties then rates will have to grow by 3.2% pa in real terms.

The rates are indexed to the WPI so you can expect the average rates to be going up WPI plus 3.2% pa over the next 15 years. What the WPI will do over the next 15 years is a forecasting problem (the last 3 years’ values were 2.3%, 1.8%, 1.7%).

That is nonsense.
ACT residential rates are not at all indexed to the WPI (Wage Price Index) and I challenge you to prove your claim they are, unless you are trying to be deliberately deceitful.
If you knew anything about how rates are determined you would know they are based on a fixed charge and a rating factor linked to each property’s Average Unimproved Value (AUV):
http://www.revenue.act.gov.au/duties-and-taxes/rates/rates-calculation
Add in too the Fire and Emergency Services Levy and this year also the Safer Families Levy to get the total rates assessment.
As property values go up rates go up but residential rates have been increasing proportionately far more than property values (and the WPI) because of the ACT Government’s manipulation of the formula used to calculate rates. That is the problem.
To calculate the percentage your rates have risen by, do this:
(2016-17 rates amount / 2011-12 rates amount) – 1 x 100 = % increase.
The figure you calculate will be over 60%.
Has your income gone up by +60% to keep pace with ACT rates increases?

Bravo you have told us how rates are calculated but not indexed. The poster was right that WPI comes into play when caculating rate increases. However due to the changes in rates/stamp duty reform the increase has been more. This is in operates in variable P in the rates calculation table found on the treasury website.

Oh as for my rates someone asked above, in 2012 they were $1465 pa they are now $2045 so about 39% increase over 5 years.

However I just sold that place and brought a new one. I paid $26k in stamp duty however before the reforms started would have paid $35k. So I am actually better off.

The government made no secret that with the reforms some would win and some would loose, stands for reason.

The real debate is what is the best and fairest way to get the money to run the town? Rates or stamp duty? The act is clearly unique (maybe with the NT) in that it can charge both. There is no one answer really. Isn’t fair to slug people just because they are moving house? By the same token is it fair to increase rates for those that have already paid stamp duty? If so how long does ones payment of stamp duty considered enough of a contribution? 10 years, 20 years life?

Dead easy to whine and complain but a lot harder for people to come up with sensible, workable and fair taxation policies and needed reform in this country that is for sure. No wonder we have the current debates at the local and indeed federal level.

davo101 said :

Ah the power of pointless extrapolation. If the Australian economy continues to grow at 3% pa then by 2090 ACT rates will be the size of the Australian economy.

How ’bout we do a little back of the envelope instead? Looking at this year’s budget papers conveyance duties are about 60% of the general rates revenue. If there are 15 years left in the transition to no conveyance duties then rates will have to grow by 3.2% pa in real terms.

The rates are indexed to the WPI so you can expect the average rates to be going up WPI plus 3.2% pa over the next 15 years. What the WPI will do over the next 15 years is a forecasting problem (the last 3 years’ values were 2.3%, 1.8%, 1.7%).

The ACT Govt – Kim Jong-il Barr himself as I recall – has said that it is unlikely conveyancing duties will be able to reduced past 10%. Barr has also said that the programmed pa annual rates increases that were supposed to run for 20 years, would continue on past then.

And people vote for that sort of deceit !

WPI ? Just checked my Annual Rates Assessment bill – WPI isn’t mentioned, nor have I ever heard it mentioned in relation to the Annual Rates rises. Annual Rates are not calculated by that measure to the best of my knowledge. However, the Unimproved Capital Value of my land jumped up by $23K – without explanation, which in turn helps to increase the Annual Rates amount.

davo101 said :

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

Ah the power of pointless extrapolation. If the Australian economy continues to grow at 3% pa then by 2090 ACT rates will be the size of the Australian economy.

How ’bout we do a little back of the envelope instead? Looking at this year’s budget papers conveyance duties are about 60% of the general rates revenue. If there are 15 years left in the transition to no conveyance duties then rates will have to grow by 3.2% pa in real terms.

The rates are indexed to the WPI so you can expect the average rates to be going up WPI plus 3.2% pa over the next 15 years. What the WPI will do over the next 15 years is a forecasting problem (the last 3 years’ values were 2.3%, 1.8%, 1.7%).

That is nonsense.
ACT residential rates are not at all indexed to the WPI (Wage Price Index) and I challenge you to prove your claim they are, unless you are trying to be deliberately deceitful.
If you knew anything about how rates are determined you would know they are based on a fixed charge and a rating factor linked to each property’s Average Unimproved Value (AUV):
http://www.revenue.act.gov.au/duties-and-taxes/rates/rates-calculation
Add in too the Fire and Emergency Services Levy and this year also the Safer Families Levy to get the total rates assessment.
As property values go up rates go up but residential rates have been increasing proportionately far more than property values (and the WPI) because of the ACT Government’s manipulation of the formula used to calculate rates. That is the problem.
To calculate the percentage your rates have risen by, do this:
(2016-17 rates amount / 2011-12 rates amount) – 1 x 100 = % increase.
The figure you calculate will be over 60%.
Has your income gone up by +60% to keep pace with ACT rates increases?

davo101 said :

Masquara said :

How often do you think people do conveyancing, compared to paying rates!

Glad you asked. Conveyance is paid on 11% of the housing stock in any year which means that the average period that a property is held for is just over 9 years. So on average 9 annual rates payments per conveyance duty.

I just took an entirely random sample of ten houses in a street in an inner-south suburb and the stats were: 18 sales between all ten houses in the 30 years to 2015.

Masquara said :

How often do you think people do conveyancing, compared to paying rates!

Glad you asked. Conveyance is paid on 11% of the housing stock in any year which means that the average period that a property is held for is just over 9 years. So on average 9 annual rates payments per conveyance duty.

davo101 said :

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

Ah the power of pointless extrapolation. If the Australian economy continues to grow at 3% pa then by 2090 ACT rates will be the size of the Australian economy.

How ’bout we do a little back of the envelope instead? Looking at this year’s budget papers conveyance duties are about 60% of the general rates revenue. If there are 15 years left in the transition to no conveyance duties then rates will have to grow by 3.2% pa in real terms.

The rates are indexed to the WPI so you can expect the average rates to be going up WPI plus 3.2% pa over the next 15 years. What the WPI will do over the next 15 years is a forecasting problem (the last 3 years’ values were 2.3%, 1.8%, 1.7%).

How often do you think people do conveyancing, compared to paying rates!

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

Ah the power of pointless extrapolation. If the Australian economy continues to grow at 3% pa then by 2090 ACT rates will be the size of the Australian economy.

How ’bout we do a little back of the envelope instead? Looking at this year’s budget papers conveyance duties are about 60% of the general rates revenue. If there are 15 years left in the transition to no conveyance duties then rates will have to grow by 3.2% pa in real terms.

The rates are indexed to the WPI so you can expect the average rates to be going up WPI plus 3.2% pa over the next 15 years. What the WPI will do over the next 15 years is a forecasting problem (the last 3 years’ values were 2.3%, 1.8%, 1.7%).

chewy14 said :

Garfield said :

JC said :

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

2011-12 $1500

2012-13 $1710

2013-14 $1949

2014-15 $2222

2015-16 $2533

2016-17 $2888

2017-18 $3292 (Doubled)

2018-19 $3753

2019-20 $4279 (Tripled)

2020-21 $4878

2021-22 $5561

2022-23 $6339 (Quadrupled)

My, our and your 2011-12 Canberra household rates will double by 2017-18, will triple by 2019-20 and will quadruple by 2022-23. Yes, an increase of over 400%.

ACT rate increases are far in excess of salary/inflation/pension rises. Only a city of complacent, apathetic and habitual voters would tolerate such extortionary rises. You get the government you deserve.

The Victorian Government introduced rate capping to restrict how much councils can raise their rates each year. In 2016, the Minister set the rate cap at 2.5%.
http://www.mav.asn.au/about-local-government/local-government-finance/Pages/council-rates-property-valuations.aspx

Firstly the average rates increase for the whole of the ACT has been 5% not 15%. Where did you pluck that one from. liberal party talking points? (My source is the act government website).
And you are forgetting of course the ACT government has a 3 phase rate reform process and the increases are as a result of that. This is the last year in the 2nd phase of that reform process so they won’t be increasing 15% for ever and ever as inferred. So not sure the point of your table.

Look at the budget papers. Increases in rates revenue have been or are budgeted as follows:

2012/13: 11.48%
2013/14: 15.57%
2014/15: 12.23%
2015/16: 10.71%
2016/17: 5.03%
2017/18: 9.78%
2018/19: 8.99%
2019/20: 7.49%

2012/13 is the increase in rates and land tax as the government rolled commercial land tax into rates. The increases from 2013/14 through 2015/16 are on total rates increases as residential and commercial rates were not differentiated in the budget overview. The increases from 2016/17 are the budgeted residential rates increases.

We can see that Barr has slipped in a comparatively lower increase in the most recent budget, even though its still well over inflation, but is intending to go back to big increases after the election. You may think that the increasing rates after the election will be offset by lower stamp duty, but no, stamp duty is budgeted to increase. It looks like the so-called tax reform is over and its just about increasing tax revenue collections from residents.

You can’t just look at the overall figures when they are releasing a few thousand extra residential blocks each year. Of course revenue is going up, you’d be extremely worried if it wasn’t

I would love to be able to compare neat little tables for the different years, but as Masquara has highlighted for us, the ACT government has not made that information easy to find, so therefore looking at revenue totals is at least an indicator.

Last time I looked at the ABS, Canberra’s population growth rate was about 1.4% p.a. so combined with inflation, average annual increases of around 3.5% in the budget would indicate no increase in real terms. Even in this year’s budgeted increase of “only” 5.03% its still an increase in real terms of about 50% above a revenue neutral setting.

According to you rates have only increased at 5% p.a. but my rates have increased almost 50% in 4 years and that’s not due to an increase in the property value. I know other people whose rates have gone up even more. While Acton’s 15% p.a. figure may be a little high as an ACT wide average, your 5% figure is worthy of an ACT Labor spin doctor.

Garfield said :

JC said :

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

2011-12 $1500

2012-13 $1710

2013-14 $1949

2014-15 $2222

2015-16 $2533

2016-17 $2888

2017-18 $3292 (Doubled)

2018-19 $3753

2019-20 $4279 (Tripled)

2020-21 $4878

2021-22 $5561

2022-23 $6339 (Quadrupled)

My, our and your 2011-12 Canberra household rates will double by 2017-18, will triple by 2019-20 and will quadruple by 2022-23. Yes, an increase of over 400%.

ACT rate increases are far in excess of salary/inflation/pension rises. Only a city of complacent, apathetic and habitual voters would tolerate such extortionary rises. You get the government you deserve.

The Victorian Government introduced rate capping to restrict how much councils can raise their rates each year. In 2016, the Minister set the rate cap at 2.5%.
http://www.mav.asn.au/about-local-government/local-government-finance/Pages/council-rates-property-valuations.aspx

Firstly the average rates increase for the whole of the ACT has been 5% not 15%. Where did you pluck that one from. liberal party talking points? (My source is the act government website).
And you are forgetting of course the ACT government has a 3 phase rate reform process and the increases are as a result of that. This is the last year in the 2nd phase of that reform process so they won’t be increasing 15% for ever and ever as inferred. So not sure the point of your table.

Look at the budget papers. Increases in rates revenue have been or are budgeted as follows:

2012/13: 11.48%
2013/14: 15.57%
2014/15: 12.23%
2015/16: 10.71%
2016/17: 5.03%
2017/18: 9.78%
2018/19: 8.99%
2019/20: 7.49%

2012/13 is the increase in rates and land tax as the government rolled commercial land tax into rates. The increases from 2013/14 through 2015/16 are on total rates increases as residential and commercial rates were not differentiated in the budget overview. The increases from 2016/17 are the budgeted residential rates increases.

We can see that Barr has slipped in a comparatively lower increase in the most recent budget, even though its still well over inflation, but is intending to go back to big increases after the election. You may think that the increasing rates after the election will be offset by lower stamp duty, but no, stamp duty is budgeted to increase. It looks like the so-called tax reform is over and its just about increasing tax revenue collections from residents.

You can’t just look at the overall figures when they are releasing a few thousand extra residential blocks each year. Of course revenue is going up, you’d be extremely worried if it wasn’t

And, talking about Annual Rates and what they are supposed to pay for : I can not find the thread on the garbage collection strikes in the new RiotAct format. Was there any announcement that the strikes had been resolved ? If they have been resolved, how ? If not, is a continuation of the rolling program of strikes by the Union just in abeyance until after the ACT Legislative Assembly election ?

JC said :

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

2011-12 $1500

2012-13 $1710

2013-14 $1949

2014-15 $2222

2015-16 $2533

2016-17 $2888

2017-18 $3292 (Doubled)

2018-19 $3753

2019-20 $4279 (Tripled)

2020-21 $4878

2021-22 $5561

2022-23 $6339 (Quadrupled)

My, our and your 2011-12 Canberra household rates will double by 2017-18, will triple by 2019-20 and will quadruple by 2022-23. Yes, an increase of over 400%.

ACT rate increases are far in excess of salary/inflation/pension rises. Only a city of complacent, apathetic and habitual voters would tolerate such extortionary rises. You get the government you deserve.

The Victorian Government introduced rate capping to restrict how much councils can raise their rates each year. In 2016, the Minister set the rate cap at 2.5%.
http://www.mav.asn.au/about-local-government/local-government-finance/Pages/council-rates-property-valuations.aspx

Firstly the average rates increase for the whole of the ACT has been 5% not 15%. Where did you pluck that one from. liberal party talking points? (My source is the act government website).
And you are forgetting of course the ACT government has a 3 phase rate reform process and the increases are as a result of that. This is the last year in the 2nd phase of that reform process so they won’t be increasing 15% for ever and ever as inferred. So not sure the point of your table.

Look at the budget papers. Increases in rates revenue have been or are budgeted as follows:

2012/13: 11.48%
2013/14: 15.57%
2014/15: 12.23%
2015/16: 10.71%
2016/17: 5.03%
2017/18: 9.78%
2018/19: 8.99%
2019/20: 7.49%

2012/13 is the increase in rates and land tax as the government rolled commercial land tax into rates. The increases from 2013/14 through 2015/16 are on total rates increases as residential and commercial rates were not differentiated in the budget overview. The increases from 2016/17 are the budgeted residential rates increases.

We can see that Barr has slipped in a comparatively lower increase in the most recent budget, even though its still well over inflation, but is intending to go back to big increases after the election. You may think that the increasing rates after the election will be offset by lower stamp duty, but no, stamp duty is budgeted to increase. It looks like the so-called tax reform is over and its just about increasing tax revenue collections from residents.

JC said :

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

2011-12 $1500

2012-13 $1710

2013-14 $1949

2014-15 $2222

2015-16 $2533

2016-17 $2888

2017-18 $3292 (Doubled)

2018-19 $3753

2019-20 $4279 (Tripled)

2020-21 $4878

2021-22 $5561

2022-23 $6339 (Quadrupled)

My, our and your 2011-12 Canberra household rates will double by 2017-18, will triple by 2019-20 and will quadruple by 2022-23. Yes, an increase of over 400%.

ACT rate increases are far in excess of salary/inflation/pension rises. Only a city of complacent, apathetic and habitual voters would tolerate such extortionary rises. You get the government you deserve.

The Victorian Government introduced rate capping to restrict how much councils can raise their rates each year. In 2016, the Minister set the rate cap at 2.5%.
http://www.mav.asn.au/about-local-government/local-government-finance/Pages/council-rates-property-valuations.aspx

Firstly the average rates increase for the whole of the ACT has been 5% not 15%. Where did you pluck that one from. liberal party talking points? (My source is the act government website).
And you are forgetting of course the ACT government has a 3 phase rate reform process and the increases are as a result of that. This is the last year in the 2nd phase of that reform process so they won’t be increasing 15% for ever and ever as inferred. So not sure the point of your table.

Denial or fudging of the extent of our rates increases is an attempt to confuse the issue. Check your own rates this year compared to 2011-12 and average it out. I have and so should everyone else.

The article, ‘Many Canberra householders paying rates bills 60 per cent higher than four years ago’ was written in 2015 so of course in 2016 we are all paying more than 60% now compared to 5 years ago.

http://www.canberratimes.com.au/act-news/many-canberra-householders-paying-rates-bills-60-per-cent-higher-than-four-years-ago-20150603-ghfn1v

Where does the 15%pa come from? 60% divided by 4.

If one is so wealthy as to not care about excessive annual rate rises, or to disorganised to monitor their own budget and yearly rates notices then that link has a map showing rate rises for your suburb.

The table comes from my own Excel spreadsheet, showing what rates could be like if the yearly increases to date continue unabated. Any errors are mine. We can all recall the warnings of rates being tripled and the strenuous denials. Well, the tripling of rates looks to be on track.

Only a city of complacent, apathetic and habitual voters would tolerate such extortionary rises. Vote by the facts, not by the spin.

JC said :

Firstly the average rates increase for the whole of the ACT has been 5% not 15%. Where did you pluck that one from. liberal party talking points? (My source is the act government website).
And you are forgetting of course the ACT government has a 3 phase rate reform process and the increases are as a result of that. This is the last year in the 2nd phase of that reform process so they won’t be increasing 15% for ever and ever as inferred. So not sure the point of your table.

Firstly, the 5% you say is more than that – avg. 5.5% (or there abouts) as I recall + the increase to existing surcharges added and the new domestic violence surcharge added to the Annual Rates bill (just slipped in there in this election year that the programmed increases to Annual Rates was reduced).

And that reduction to 5.5% is only for this election year, after which it will revert to the avg. 10% pa forever that was previously implemented by the ACT Labor/Greens Govt.

And the programmed rises pa to Annual Rates was originally supposed to go for about 20 years. I recall the ACT Gov’t subsequently announced that they would extend forever. That was subject to discussion on 2CC radio station some time ago now.

Can u post a link to this “3 phase” Annual Rates increases by the ACT Labor/Greens Gov’t that you mentioned, please. Does it mention the % increases or just vague unquantified assertions.

Acton said :

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

2011-12 $1500

2012-13 $1710

2013-14 $1949

2014-15 $2222

2015-16 $2533

2016-17 $2888

2017-18 $3292 (Doubled)

2018-19 $3753

2019-20 $4279 (Tripled)

2020-21 $4878

2021-22 $5561

2022-23 $6339 (Quadrupled)

My, our and your 2011-12 Canberra household rates will double by 2017-18, will triple by 2019-20 and will quadruple by 2022-23. Yes, an increase of over 400%.

ACT rate increases are far in excess of salary/inflation/pension rises. Only a city of complacent, apathetic and habitual voters would tolerate such extortionary rises. You get the government you deserve.

The Victorian Government introduced rate capping to restrict how much councils can raise their rates each year. In 2016, the Minister set the rate cap at 2.5%.
http://www.mav.asn.au/about-local-government/local-government-finance/Pages/council-rates-property-valuations.aspx

Firstly the average rates increase for the whole of the ACT has been 5% not 15%. Where did you pluck that one from. liberal party talking points? (My source is the act government website).
And you are forgetting of course the ACT government has a 3 phase rate reform process and the increases are as a result of that. This is the last year in the 2nd phase of that reform process so they won’t be increasing 15% for ever and ever as inferred. So not sure the point of your table.

On average ACT household rates have increased by 15%pa since 2011-12. 60% over four years.

If average Canberra rates in 2011-12 were $1500 per household and the 14-15%pa rises continue, this is how they will increase into the future:

2011-12 $1500

2012-13 $1710

2013-14 $1949

2014-15 $2222

2015-16 $2533

2016-17 $2888

2017-18 $3292 (Doubled)

2018-19 $3753

2019-20 $4279 (Tripled)

2020-21 $4878

2021-22 $5561

2022-23 $6339 (Quadrupled)

My, our and your 2011-12 Canberra household rates will double by 2017-18, will triple by 2019-20 and will quadruple by 2022-23. Yes, an increase of over 400%.

ACT rate increases are far in excess of salary/inflation/pension rises. Only a city of complacent, apathetic and habitual voters would tolerate such extortionary rises. You get the government you deserve.

The Victorian Government introduced rate capping to restrict how much councils can raise their rates each year. In 2016, the Minister set the rate cap at 2.5%.
http://www.mav.asn.au/about-local-government/local-government-finance/Pages/council-rates-property-valuations.aspx

If you go to the ACT Revenue Office calculators page, you can work out what Rates were from 2012/13 through to now. They’re not presented in neat little tables and only go back to the start of Barr’s tax reform, so we can’t calculate what Rates were like before then.

http://www.revenue.act.gov.au/duties-and-taxes/calculators

If you want to know the unimproved value of a specific property you can find that on All Homes. The Rates calculation uses an average of the last 3 valuations.

Other than the above, you may also be able to find proposed Rates tables in the budget papers.

It’s very unhelpful that the areas suffering the highest hikes are “big block” areas without wealthy home owners – yet the government won’t allow subdivision in much of the inner north. Subdividing and enabling people to keep their house would surely be the commonsense solution on all sorts of fronts: people not having to leave the area and can stay close to inner-city amenities as they age; urban infill without wrecking the inner-city streetscapes etc etc.

rommeldog56 said :

Do u mean “Water and Sewerage” rates or “Annual Rates”.

Different bills/things.

Annual rates.

Andrew Barr would not be keen for us to see historic rates information just before the election. However there is a useful map in the link below which shows the percentage rate rises for each suburb over four years to 2015:
http://www.canberratimes.com.au/act-news/many-canberra-householders-paying-rates-bills-60-per-cent-higher-than-four-years-ago-20150603-ghfn1v

My own annual rate increases over the years reflect the increases we are all now paying:

2016-17 10.9%
2015-16 12.0%
2014-15 11.5%
2013-14 7.2%
2012-13 29.5%

Has your income gone up by 60% in four years to keep pace with ACT rates increases?

Do u mean “Water and Sewerage” rates or “Annual Rates”. Different bills/things.