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Legislative Assembly for the ACT: 2007 Week 13 Hansard (6 December) . . Page.. 4133..


Answers to questions

Finance—household costs

(Question No 1692)

Mr Mulcahy asked the Treasurer, upon notice, on 25 September 2007:

(1) By how much has the average annual household cost of (a) electricity, (b) water and (c) rates increased in real and percentage terms in each financial year since 1996-97;

(2) How much has the cost of vehicle registration increased in real and percentage terms in each financial year since 1996-97.

Mr Stanhope: The answer to the member's question is as follows:

Answer to Part (1)

Figure 1

Water

Electricity

Rates

$ change

% change

$ change

% change

$ change

% change

1996-97

n/a

n/a

n/a

n/a

n/a

n/a

1997-98

11.66

5.53

12.01

1.69

12.96

1.75

1998-99

-5.00

-2.25

9.29

1.29

14.46

1.92

1999-00

2.50

1.15

20.31

2.77

16.45

2.14

2000-01

0.00

0.00

90.57

12.04

-5.05

-0.64

2001-02

18.50

8.41

28.04

3.33

24.76

3.18

2002-03

17.00

7.13

14.05

1.61

23.01

2.86

2003-04

23.50

9.20

84.13

9.51

24.70

2.99

2004-05

-2.50

-0.90

20.64

2.13

19.17

2.25

2005-06

26.75

9.67

29.30

2.96

127.11

14.60

2006-07

31.25

10.31

50.97

5.00

86.69

8.69

Assumptions behind calculations for Figure 1:

Water

Calculated based on average of 250KL per household per annum.

Electricity

Calculated based on average of 8500kWh per customer per annum, applying the weighted average of all residential tariffs including off-peak.

Rates

The actual rates payable in any one year is a combination of the rating factor and the unimproved land value. The increase from year to year is therefore dependent on changes to unimproved land value as well as the rates factor. Accordingly, rates for an individual household may be more or less than the average.


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