News | Business
4 Jan 2026 13:59
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Wellington City Councillors will consider reducing a proposed rates hike when it looks at a pandemic response budget this week

    Wellington City Councillors will consider reducing a proposed rates hike when it looks at a pandemic response budget this week


    A proposed rates hike of 9.2 percent had been floated prior to the coronavirus outbreak.

    Staff are now recommending rates increase by 4.8 percent for the upcoming year - which would result in debt-funding 68-million dollars.

    But, councillors are being told this would still likely see a rates rise as high as 10 percent for the following year.

    It's been estimated council revenue will be down by 28 million dollars this year, and drop another 30-million dollars next year.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     04 Jan: Cautious optimism from tech experts, in the wake of this week's ManageMyHealth cyber attack
     03 Jan: The operators of patient portal Manage My Health are assuring users it systems are secure
     03 Jan: Tesla has lost its title as the world's best-selling electric vehicle maker
     02 Jan: Horowhenua District Council's providing financial assistance for locals impacted by last Sunday's severe weather
     02 Jan: Fire and Emergency received 15 calls between 12pm and one - as crews took strike action
     02 Jan: Authorities are working to get to the bottom of a major cyber security breach which may have exposed the personal health data of tens of thousands of Kiwis
     01 Jan: Major electricity companies are taking a big step today, towards protecting national energy security
     Top Stories

    RUGBY RUGBY
    Venus Williams is delighted to start her 33rd consecutive season on the WTA Tour in Auckland More...


    BUSINESS BUSINESS
    Cautious optimism from tech experts, in the wake of this week's ManageMyHealth cyber attack More...



     Today's News

    International:
    Donald Trump says US will run Venezuela for now after Nicolás Maduro's 'capture' 13:57

    Rugby:
    Venus Williams is delighted to start her 33rd consecutive season on the WTA Tour in Auckland 13:47

    Business:
    Cautious optimism from tech experts, in the wake of this week's ManageMyHealth cyber attack 13:27

    Living & Travel:
    Summer swimmers are urged to brush up on water safety, as the holiday drowning toll hits five 13:07

    National:
    Donald Trump loathes the courts. He’s following the autocrat playbook to sideline them 13:07

    International:
    How Louis Braille’s musical notation system remains relevant 200 years after its invention 13:07

    Motoring:
    State Highway 35 between Gisborne and Tolaga Bay, has now re-opened 12:37

    National:
    How Venezuela has been preparing for a US invasion for more than two decades 12:37

    National:
    Trump’s new world order is taking shape in Venezuela. Five keys to understanding the US military attacks 12:27

    Law and Order:
    Cromwell Police have arrested a 33 year-old man following a fight at a local campground 12:27


     News Search






    Power Search


    © 2026 New Zealand City Ltd