Following on from an earlier post on the history of Local Government in NSW, one significant change introduced with the Local Government Act of 1906 was a move away from a rating system that was based solely on the ability to pay to one that also recognised the benefit derived from public expenditure in areas such as road building and maintenance. Rates thus became an incentive to develop, with undeveloped land attracting the same rate as a neighbouring property that had been cleared and built upon. (more…)
19-08-2011