City of Moreton Bay’s ‘strong’ credit rating affirmed

Published 13 February 2025

City of Moreton Bay today noted a ‘strong’ credit rating from the Queensland Treasury Corporation (QTC), reinforcing our continued commitment to responsible financial management and sustainable growth.

Acting Mayor Jodie Shipway said the rating reflects Council’s strong financial position, and prudent delivery of high-quality services and infrastructure to the community.

“City of Moreton Bay has one of the lowest debt per capita in South East Queensland. This puts us in a strong position for future growth.

“The credit rating is a significant achievement and a testament to Council’s long-term planning and financial responsibility.

“We’re proud to announce the ‘strong’ credit rating for City of Moreton Bay. This allows us the opportunity to continue investing in our community by providing the infrastructure and services that help our residents live safe and healthy lives.

“As Australia’s third largest local government area, the rating recognises the financial stability that allows us to plan for our growing community into the future. It offers the confidence that government and industry need as they invest in our City.

“As we build on this momentum, we are confident that our sound financial management and strategic investments will continue to attract government and industry support, fuelling further growth for City of Moreton Bay.”

Council remains committed to responsible financial management, balancing investment in essential infrastructure with long-term sustainability.