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31 Dec 2025 8:05
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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.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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    Human-operated Tokyo robot venture allows housebound people to work 7:57

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    Business:
    The operators issuing fake corporate licences in the name of a tiny African island 7:47

    Soccer:
    Aston Villa manager Unai Emery has shared the key to his club's 11-game win streak ahead of their Premier League match away at leaders Arsenal from 9.15am 7:47

    Entertainment:
    The Cure guitarist Perry Bamonte has died 7:38

    Living & Travel:
    Our big cities are bracing for New Year's Eve celebrations 7:37

    Politics:
    The Greens are confident in their team heading into election year - after another tough year 7:27

    Accident and Emergency:
    Coromandel boaties are being urged to take extra care, after a boat flipped crossing the notorious Tairua bar yesterday morning 7:17

    Entertainment:
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    Business:
    Eurostar train services cancelled across Europe due to power issue 7:07


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