The IPART has decided to not pursue this matter stating;
‘We have carefully reconsidered our approach moving forward with this review. We agree that, at this time, it is not in the best interests of ratepayers and councils to implement a waste peg.’
‘Instead, we agree and recognise that it is NSW Office of Local Government’s (OLG) role to address many of the issues identified throughout our review. We are supportive of and welcome OLG’s recommended regulatory approach that OLG:
a)provide further guidance to councils by updating its Rating and Revenue Raising Manual
b)identify and investigate ‘outlier’ councils.’
This is good news and I am looking forward to our sector having a say on the OLG’s guidance.
If you have any comments or suggestions please do not hesitate to be in touch or post them in this forum.
Regards,
Andrew
