Larry Williams Drive

The Government has announced the details on its plan for rates caps - councils will be capped at 4%.They will not be able to raise their rates by more than 4%, and the plan will start being implemented in a couple of years' time, sort of mid 27, and then will be fully in place by mid 2029.There will be exemptions to the rate cap. The high growth councils will be exempt from the cap. Councils that experience a natural disaster, something like bad weather, a quake, whatever, they will be exempt. Councils that need to catch up on infrastructure underinvestment, which I thought would have been most councils, they will be exempt.They will have to apply. The exempt will not be automatic. They will have to apply for an exemption, but those are the grounds they can apply on, which I think sounds like potentially a lot of councils who will be able to get around the 4% cap.Now, on the politics of it, it is incredibly smart to announce this - it is incredibly popular. One poll found that about 7