NSW covers council infrastructure debt

By Paul Hemsley New South Wales local governments have been invited to apply for funding under a state government plan to subsidise interest payments for commercial loans intended to reduce a backlog of infrastructure projects that councils have difficulty raising capital for on their own. The state government is hoping to take the financial pressure […]

Snapshot shows NSW councils owed $236m

NSW councils have more than $200 million to collect in outstanding annual rates and charges, according to a report released by the State Government today. In 2008/09, councils reported that $236 million had not been collected from total rates and annual charges revenue of $4.18 billion. The Snapshot of NSW Councils report shows data for […]


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