Rates to rise af­ter dis­as­ters

Townsville Bulletin - - Investor -

RATES across Queens­land are guar­an­teed to rise, with the re­cent nat­u­ral dis­as­ters push­ing up coun­cil costs by an av­er­age of 7.5 per cent. The fig­ure is con­tained in a new re­port com­mis­sioned by the Lo­cal Gov­ern­ment As­so­ci­a­tion of Queens­land. The re­port says even coun­cils that weren’t af­fected by the floods and Cy­clone Yasi will face big hikes in costs due to the ex­pected ex­plo­sion in de­mand for con­struc­tion re­sources. LGAQ chief ex­ec­u­tive Greg Hal­lam said this needed to be taken into ac­count. ‘‘ Coun­cils were al­ready do­ing it tough be­fore these dis­as­ters,’’ he said.

Greg Hal­lam

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