Post a Comment On: Brisbane Apartment

http://www.abc.net.au/news/stories/2008/06/20/2281399.htmBrisbane Labor Councillor David Hinchcliffe says according to his calculations, which are based on the Council's budget figures, rates on some inner-city apartments will rise by up to 700 per cent. But Lord Mayor Campbell Newman has rejected such figures. "There have been some significant increases for a small number of properties around the CBD and CBD frame," he said. "Typically the increase... for the hardest-hit people is around about 150 to 160 per cent." "The worst increase for any unit in the whole of the city of Brisbane is 300 per cent."