By Paul Hemsley and Julian Bajkowski The Municipal Association of Victoria (MAV) has blamed unpopular rate hikes averaging 4.8 per cent or $76 on growing ‘critical’ cost pressures arising from…
Tag: defined-benefit-plan
Lender tender for Vic councils superannuation funding gap
By Paul Hemsley Going to the bank for a loan doesn’t ordinarily require the extra screening of a tender process, but the Municipal Association of Victoria (MAV) is doing just…
Small Victorian councils risk becoming “unsustainable”
By Paul Hemsley and Julian Bajkowski The Victorian Auditor-General’s Office (VAGO) has issued a stern warning that “small councils” could be left financially unsustainable due to their increasing dependency on…