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The Latest Breaking News from IPART

Superannuation squeeze can help stop unearned inheritance tax breaks

Superannuation tax concessions costs taxpayers $52 billion per year. That's money that doesn't get spent on schools, hospitals and public infrastructure.

Newcastle Herald

Port boss says container compensation review will deliver 'fair outcome'

Treasurer Matt Kean told reporters in Newcastle today that the process of determining how much more the port must pay to build a container terminal was 'well under way'.

Newcastle Herald

IPART appointed to determine price for Newcastle to remove container terminal shackles

IPART to set Newcastle container compensation after Greg Piper's port bill

Newcastle Herald

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Port Stephens council seeks 31 per cent rate rise from IPART

Port Stephens council leads the Hunter in rate rise rquests.

Newcastle Herald

Inflationary pressures could spell disaster for local government budgets across NSW

The sheer size of the forecast financial impacts have the capacity to decimate NSW council budgets and require the immediate attention of IPART and the government.

Newcastle Herald

Port Stephens locks in three year 31% rate rise bid

Councillors unanimously voted to apply for the three 9.5 per cent rises at Tuesday's meeting.

Newcastle Herald

'It's a joke': council condemns pricing watchdog's method for setting rate hikes

Fed-up with a "broken system" - Lake Macquarie City Council (LMCC) will write to the state's independent pricing watchdog condemning the method it uses to set maximum rate hikes.

Newcastle Herald

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Higher energy prices to hit consumer says IPART in new report

'Unprecedented' wholesale power prices driving high retail electricity and gas costs says IPART

Newcastle Herald

NSW council rates to rise for 2023-24

NSW ratepayers are likely to face increases of between 3.7 per cent and 6.8 per cent after the independent regulator set the rate peg for 2023-24.

AAP

Sydney news: Hail stones lash Penrith in Sydney's west overnight

MORNING BRIEFING: More storms are on the way for western Sydney as clean-up begins after a fast and wild hail storm overnight.

ABC News

Rates heading up, especially in Maitland

Home owners in Newcastle and Lake Macquarie face a 3.7 per cent jump in council rates next year, but the hike could be much higher in Maitland and Port Stephens.

Newcastle Herald

Council rate review to deal with 'volatile economy'

"We're now in a more challenging, volatile economy, and we need to have an improvement to it."

Newcastle Herald

Double the hike: Hunter councils win rights to bigger rate rises

Among Hunter bids only the Lake Macquarie application received a submission, which remains confidential.

Newcastle Herald

Sydney news: Trial of new school hours to start in term 3

MORNING BRIEFING: Eight NSW schools are set to take part in a 20-week pilot program of different classroom hours to explore solutions for busy parents.

ABC News

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Newcastle Herald

Community pays the price as council predicts $30m in lost rate revenue

Lake Macquarie City Council (LMCC) predicts it will be $30 million worse off across the next decade in lost rate revenue after independent pricing watchdog IPART set the rate peg at a meagre 0.7 per cent.

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