"Be careful what you wish for" - a warning from an Australian mayor who has been talking to local body leaders about capping rates. Local Government Minister Simon Watts is working on a rates cap model with the policy details to be announced before Christmas. New South Wales has had a rates capping system in place for 40 years and councils have to apply to go above the cap. This year the Northern Beaches Council asked for a 40% rate rise, and ended up being allowed to charge ratepayers 25%. Northern Beaches Mayor Sue Hein spoke to Lisa Owen.

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