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In Victoria, Council rates will be capped from mid-2016. In addition Councils will have to justify any increases above the inflation rate. “[T]his should not be seen as an opportunity to raise rates above inflation prior to the implementation of the rates cap … Unnecessary rate rises in 2015-16 may affect your eligibility for future rate cap exemptions,” s..
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I welcome the release of version 2 of the Australian Infrastructure Financial Management Manual (AIFMM). Its great to see financial managers and asset managers communicating at the same level. A must have for local government. http://www.ipwea.org/publications/bookshop/ipweabookshop/aifmm#sthash.HS29LzEV.dpuf..
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