Newcastle + Lake Macquarie A kept record · entries to 3 July 2026

Council money · Newcastle

Newcastle’s new $458 million budget started this week. Here is what it changes at your place

Pool entry stays at $2 and extends to concession holders at Lambton, community groups keep their $625 Crown land rent cap, and the penalty rate on overdue rates drops a full point to 9.5 per cent. The buffer holding it all together: a $450,000 surplus on a $458 million spend.

3 July 2026 · 3 sources, linked in the story

  • $458mtotal 2026/27 budget, adopted unanimously 16 June
  • $128m+for maintaining and delivering infrastructure
  • $2entry held at Beresfield, Wallsend, Mayfield and Stockton pools
  • 9.5%interest on overdue rates, down from 10.5%

The week’s entries

From the record

What the record is

What’s being built

Every major project we track across both cities, with its current stage. Start here.

Queens Wharf

Opened by Queen Elizabeth II in 1988; the western building’s story from fire to demolition.

Newcastle Arena

The Entertainment Centre built for five years that lasted 34, and its $499m replacement.

M1 extension

The Hunter’s biggest road project: 15 km, $2.24 billion, opening late 2026.

Morisset growth corridor

The fastest-growing corner of Lake Macquarie, and whether services keep pace.

The Wickham

A proposed 148 m tower beside Newcastle Interchange, on a site with a history.