Bulletin (PDF 18.3 MB) - City of Armadale

Information BulletinCorrespondence & PapersPage Cor-8WALGAV"lul of Non-n,ld,ntl,,1 Bullc:llni Won; DoniWutlm.t.JslrafJ.1,.-00,000 ,---___ --------.-,1.200.000 ----- - __ _1000,000 J-- - - - - ---. H -'--I- 1--1800.000 -/------800.000 J-----.consistent frorn year to year over this period, but it isimportant to note that they too have increased by 45% innominal terms or 6.4% per annum compound over this sixyear period.Housing Cost Inflatson'" ...-------.......:p..:-~-------,200.000Figure 3: Quarte~y value of non-residential building wor1< donein Western Australia.Soulte: ASS Cat No 8752.0 Building Activity, Austrar~ . June 2010Co~tion value of Non·, .. ldlntill Building Wort Comnenc,dW ... mAultrln.l .OOO.OOO,-__ ----~------______:~Figure 5: Movements in the major components of housingcosts measured in the Consumer Price Index.Source: ASS Cal No 6401 .0 Consumer Price Index, Ausl Sep 2010Although there is no evidence that Local Govemment ratesare disproportionately contributing to housing costs in Perth,they are nevertheless continuing to grow broadly in line withthe other key costs of housing. Consequently the pressurerernains to ensure that rate revenues are based on soundcommunity plans and expended with maximum efficiency.Figure 4: Value of non-residential building wor1