Mornings With John Mackenzie

John MacKenzie chats with Lisa from Woree about the Cairns Regional Council's rate rise for investment properties. The announcement of an approximate 15% increase will come into effect during the 2023/2024 financial year for all non-principal places of residence. Lisa made salient points raging from the pressure this will put on tenants during an already unstable rental market, to the fact that home businesses wouldn't be included yet make more profit than rental returns.