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3 Jan 2026 17:53
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  •   Home > News > Business

    Some parts of the country are in for a sharper rates rise than others

    Some parts of the country are in for a sharper rates rise than others


    Auckland councillors are voting today on whether to increase rates by five percent -- rather than the 3.5 percent previously planned before Covid-19 hit.

    Wellington city councillors are voting on a 16-percent rates rise, rather than the 13.5-percent publicly consulted on.

    Local Government New Zealand President Stuart Crosby says other councils haven't been as affected by the pandemic, and have been able to avoid pushing up rates.

    He says many councils have managed their way through Covid by drawing on reserves or use short-term borrowing to make up for the loss of revenue.

    © 2026 Newstalk ZB, NZCity

     Other Business News
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     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
     01 Jan: Hopes the new vocational education model kicking in from today will put industry in the driver's seat
     01 Jan: New agreements take effect today - for a strategic coal reserve stockpile at Huntly Power Station
     Top Stories

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    The Central Stags are looking to get their Super Smash title defence back on track in Nelson this afternoon More...


    BUSINESS BUSINESS
    Tesla has lost its title as the world's best-selling electric vehicle maker More...



     Today's News

    Rugby League:
    The Breakers have a simple New Year's resolution - bank wins in the back-end of the season and make the Australian NBL play-offs 17:26

    Cricket:
    The Central Hinds have claimed a second win over the Canterbury Magicians in three days to move into third on the women's Super Smash ladder 16:56

    Tennis:
    A box-office doubles pairing has been thrust together at the ASB women's tennis Classic 16:36

    Soccer:
    Don't expect too many changes to the Wellington Phoenix starting line-up, despite being thumped 5-1 in their most recent outing 16:16

    International:
    AI chatbot Grok under fire over complaints it let users undress minors in photos on X 15:56

    Basketball:
    The Breakers are well aware they're drinking at the Last Chance Saloon in the Australian NBL 15:26

    Cricket:
    The Central Stags are looking to get their Super Smash title defence back on track in Nelson this afternoon 14:56

    Politics:
    The Privacy Commissioner is expecting Manage My Health to demonstrate it has appropriate safeguards in place following a data breach 14:26

    Cricket:
    The Central Stags are confident they'll be in the mix to defend their Super Smash T20 title 14:06

    International:
    Are reading goals helpful or performative? How to read more in the new year 13:56


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