23 July 2021

Fact Sheet #1: Understanding Rates

Rates are a legislated charge against your property, also known as a rating unit, and are set by your region’s local and regional councils.

Rates are reassessed for every urban household, lifestyle unit, commercial, industrial and rural property each year and are payable either annually or quarterly to your local council.

Rates meet the costs of most of the products and services councils provide.

This fact sheet aims to provide details that will help you understand what rates are made up of and how the charges are arrived at.