Gold Coast rates to rise 4.7pc in 'compassionate' budget (opens original article in a new tab)

Gold Coast rates will increase by 4.7% with a 10% early payment discount, while the council allocates funds for infrastructure projects and tourism entities amid rising debt and economic challenges.

• Gold Coast rates to rise 4.7pc with 10pc early payment discount retained
• Council spends $543m on infrastructure, including waste-to-energy project
• Budget includes $89m for tourism entities despite criticism over efficiency
• Council debt to rise from $810m to $1.2bn by 2026-27
• $5 gate fee introduced at rubbish tips and property charges for emergency upgrades
• $25m allocated for new music hall despite 'uncertainty' in global economic conditions