Rate hike for Singleton coal miners

Singleton council will vote on new plans to increase rates for mining companies and other businesses.

The rate increase, if implemented, will help to counter financial troubles and meet the Fit For the Future requirements.

Mining rates will shift upwards from 34.52 per cent to 35.5 per cent.

Rates for residential properties will fall from 46.7 per cent to 44.8 per cent.

Farming rates will not be changed under the new plans.

The Singleton council area in NSW contains a significant portion of the state’s coal mines, with operations run by Peabody, Integra, Bloomfield Collieries, Rio Tinto Coal and Allied, Yancoal and Glencore.

The Singleton council claims it's economy is predominantly driven by mining, with mining accounting for one fifth of the labour force in the area, around 2800 workers across 20 mines.

Image: SMH

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