Open the gate.. welcome to this dimension..
The primary bills this affects is rates, emergency services levy, and sewerage charges.
Interestingly residential sewerage charges have been reduced by about 18%, I suspect to ensure the state government doesn't get a 'hammering' from the electorate for major price hikes during this period of high CPI.
Likewise, an estimate of ESL using online calculators, just doing a 20% lift on capital value yields a few percent increase, between 21-22 and 22-23 calculations, again indicating 'per unit' pricing for ESL has probably been reduced to take account of the massive uplift in capital values..
What your local council does is anyones guess, we'll see at the end of the month, when bills are usually issued, I suppose..