| Wingecarribee Shire New South Wales | |||||||||||||||
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 Location in New South Wales | |||||||||||||||
| Coordinates | 34°28′S 150°25′E / 34.467°S 150.417°E | ||||||||||||||
| Population |
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| • Density | 17.807/km2 (46.119/sq mi) | ||||||||||||||
| Established | 1 January 1981 | ||||||||||||||
| Area | 2,689 km2 (1,038.2 sq mi) | ||||||||||||||
| Administrator | Viv May | ||||||||||||||
| Council seat | Moss Vale[3] | ||||||||||||||
| Region | Southern Highlands, Capital Country | ||||||||||||||
| State electorate(s) | |||||||||||||||
| Federal division(s) | |||||||||||||||
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| Website | Wingecarribee Shire | ||||||||||||||
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Wingecarribee Shire is the local government area of the Southern Highlands in the state of New South Wales, Australia. The Wingecarribee Shire is around 110 kilometres (70 mi) southwest of Sydney and is part of regional Capital Country and to some extent can be considered part of the Southern Tablelands.
Wingecarribee Shire covers an area of 2,700 square kilometres (1,000 sq mi) that is typically referred to as the Southern Highlands. Wingecarribee Shire is an important catchment area for water supply to Sydney, Wollongong and the Northern Shoalhaven.
The Council seat and Chambers is in Moss Vale. However, the centre of commerce of the Shire is in Bowral.
The Shire came into existence on 1 January 1981 as an amalgamation of the three previous local government areas that made up the Southern Highlands; Mittagong Shire Council (previously Nattai Shire Council), Bowral Municipality Council and the former Wingecarribee Shire (based in Moss Vale).[4]
In 2012, the Wingecarribee Shire Council won a landmark class action against Lehman Brothers Australia in the Federal Court after it was found that Lehman Brothers failed to give sound financial advice to the Wingecarribee Shire and other councils through exposure to high-risk investments known as collateralised debt obligations. Wingecarribee Council suffered A$1.5 million of losses on its investments. The Federal Court found that the council was entitled to an initial award of A$9 million. In 2016 Council announced they had recovered $9.5 million of the $11 million in total losses, recovering 85.6% of all losses. Council's total legal costs of $724,894 were also recovered.[5][6][7][8]
Before the council was suspended in 2021 and an administrator was appointed,[9] the mayor of Wingecarribee Shire was Cr. Duncan Gair.[10] On 20 May 2021, Lisa Miscamble was appointed General Manager.[11]
- ^ Australian Bureau of Statistics (27 June 2017). "Wingecarribee (A)". 2016 Census QuickStats. Retrieved 11 July 2017.
- ^ "3218.0 – Regional Population Growth, Australia, 2017–18". Australian Bureau of Statistics. 27 March 2019. Retrieved 27 March 2019. Estimated resident population (ERP) at 30 June 2018.
- ^ "Wingecarribee Shire". Division of Local Government. Archived from the original on 7 September 2006. Retrieved 27 November 2006.
- ^ "History Prior to 1981" (PDF). Wingecarribee Shire History. Wingecarribee Shire Council. Retrieved 24 September 2012.
- ^ Johnston, Eric (22 September 2012). "Councils owed millions after Lehman Brothers 'bet', court finds". The Sydney Morning Herald. Retrieved 24 September 2012.
- ^ O'Brien, Justin (24 September 2012). "Explaining Lehman's devastation Down Under". Business Spectator. Australia. Retrieved 24 September 2012.
- ^ Hoerr, Karl (21 September 2012). "Lehman Brothers clients win compensation" (transcript). Lateline. Australia: ABC TV. Retrieved 24 September 2012.
- ^ "COUNCIL RECOVERS $9.5 MILLION IN CDO INVESTMENTS". Media Centre Wingecarribee Shire Council. Wingecarribee Shire Council. Retrieved 18 September 2020.
- ^ "Wingecarribee Shire Council suspended". Office of Local Government. Retrieved 12 August 2021.
- ^ "Larry Whipper new Wingecarribee Mayor". Wingecarribee Shire Council. Australia. 17 September 2014. Archived from the original on 4 April 2018. Retrieved 9 October 2014.
- ^ "Councils new general manager announced". Wingecarribee Shire Council. Retrieved 12 August 2021.
