The mayor’s inner circle has endorsed new fines to deal with empty and derelict properties.

If now approved by council, homeowners will be hit with a $225 fine for ignoring compliance orders for a third time and beyond.

Vacant building owners will be subject to an annual tax of one per cent of a property’s assessed value if the structure remains empty after five yearly inspections.

The plan is aimed at getting owners to redevelop, sell or demolish the building.