Jun 13 2018

Parliamentary inquiry into impact of rates rises

A parliamentary inquiry will look into the impact of rates rises on single pensioners, self funded retirees and people living in units and apartments in Canberra. The ACT Government has already released a socio-economic model based on five Canberra suburbs as part of its budget papers. In it it showed that for an average priced house for an Ainslie resident on a single pension, rates would make up nearly 15% of their yearly income, even with concessions.
The Legislative Assembly committee hearings start today.
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