RBA has Spoken - What Now for Local Government?
With over 1% in cash rate rises forecast over the next 4–5 months, local governments face a wave of inflation driven by soaring oil prices, electricity costs up 32.2%, and housing pressures. This webinar explains why it's happening, and what councils need to do now to protect their communities and financial sustainability.
What you will learn
A wave of inflation Is inevitable
In the next 4-6 months, our Chief Economist is predicting a 1%-1.25% increase in rates.
The hardship curve is still climbing
Ratepayers are already asking for more time to pay, and that volume is only going to continue to increase with stagflation on the horizon resulting in higher council arrears.
Early action is paying off
Councils that use Payble have changed their arrears levels, with a 4.66 out of 5 satisfaction rating - allowing ratepayers to suggest what they can afford.
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Don't have time to watch the video?
5 mins
Discover how Payble is helping local governments break through the 30% digital adoption ceiling. This executive brief covers the shift from static PDF bills to a mobile-first, passwordless notice platform - with real results from councils already driving enrolment to 90%, cutting print costs, and reducing arrears through automated payment reminders.
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