VALUE FOR MONEY
After-tax income for every Australian household has fallen by 5.1 percent this last financial year - making it the worst plunge among developed nations. Australian incomes are going backwards with surging mortgage rates and elevated inflation causing pay levels to drop. Australia's household debt to income ratio of 197.6 percent is also the highest in the world, after Switzerland.
After-tax income for every Australian household has fallen by 5.1 percent this last financial year - making it the worst plunge among developed nations. Australian incomes are going backwards with surging mortgage rates and elevated inflation causing pay levels to drop. Australia's household debt to income ratio of 197.6 percent is also the highest in the world, after Switzerland.
At a local government level, we cannot influence interest rates, inflation nor immigration numbers, but we sure can squeeze the most of our City’s budget to ensure your rates are value for money.
Value for money - Alongside our new CEO, we have dismantled previous councils’ bureaucratic silos and waste that have been costing rate payers for decades. Given this work to make your City's administration efficient and productive, I am advocating we are now in a position to put a freeze on rates in the next budget round. Know that respecting your precious rate dollars is always top of mind in my decision making.
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