Jun 15, 2026
Sunday Star Times
Media
$4000 vs $34: Mayors push rival scheme to rates cap

Low-interest loans for electric upgrades are part of the Ratepayer Assistance Scheme and, as Andrea Vance writes, "a coalition of mayors and independent financial experts is urging the Government to greenlight a nationwide scheme that they claim could deliver up to $4000 in immediate cash-flow relief to eligible households – far outstripping savings promised by the Government’s proposed rates cap." As she wrote, an independent advis­ory group endorsed the busi­ness case as 'con­ser­vat­ive, robust and com­pel­ling," not­ing that oper­a­tional risks are low and man­age­able."

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