Lord Mayor Adrian Schrinner handed down the city’s 2021/22 Budget on Wednesday 16 June, including in it a record $1.2 billion infrastructure investment. Recognising the growth expected from interstate migration and the highly probable successful 2032 Olympics bid, the budget has included provisions to continue the 50% infrastructure charge rebate for Green Building Design and 33% infrastructure charge rebate for Universal Design.

With a 3.75% rate rise announced across all rating categories, we encourage all Property Council members to seek advice on what impact this will have on their properties.

To see our Advocacy Alert on this year’s budget, please click here.