WYNDHAM battlers are expecting further rates relief following changes to the council’s debt payment plan.
The current financial hardship assistance policy, which allows a ratepayer a six-month interest-free period, will extend to 12 months.
A further six-month interest-free period will be subject to the ratepayer seeing a financial adviser. There are 14 residents who are receiving the interest waiver under the current policy, costing about $1,500 every year.
Ratepayers will still have to meet with a financial counsellor after the first six months.
Pensioners are allowed a waiver of up to three years’ interest, provided they enter a payment plan and pay arrears.
Locals within the urban growth boundary who now have a large rate increase and are unable to pay the higher rates can arrange a payment plan.
Star reported last month more than 1000 debt stricken residents were failing to pay their rates, with fears the number could soar over the coming years.
The Australian Bureau of Statistics revealed more Victorians are unemployed than at any time in almost eight years.