ABC News – Australia ·australia ·3 hours ago

Brisbane home owners face rate hike as council tightens its budget

Brisbane City Council approved a 3.97 percent rate hike for homeowners in its 2026 budget. Lord Mayor Adrian Schrinner cited inflation and federal funding shortfalls as key factors, while the budget is $200 million smaller than last year. The council also plans to address significant repairs on Story Bridge, estimated at $1.35 billion ahead of the 2032 Olympics.

Summary by OZbrief · ABC News – Australia

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