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26 Apr 2024 9:26
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  •   Home > News > Business

    Incentives and a review of our targeted rate could help Covid-stricken businesses in Auckland CBD

    Incentives and a review of our targeted rate could help Covid-stricken businesses in Auckland CBD


    Colliers NZ figures show the city centre is becoming increasingly sparse, with retail vacancy rates rising from 1.4 percent in December 2019 to 14.4 percent last December.

    Mayoral candidate and sitting council member Efeso Collins says we need to look at the 20-million dollars of city centre targeted rates the Auckland Council collects.

    He wants to see where the money's being sent, and how it's supporting central businesses.

    His main rival is Heart of the City's Viv Beck, who says we need investment in incentives.

    She says that could be dining vouchers, or incentives to encourage spending on quieter days

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Environment:
    Freight trains will again cross Ashburton's Rangitata rail bridge, thanks to temporary repairs 8:27

    Law and Order:
    A 61-year-old Porirua man's been arrested, after a car tyre slashing spree 8:17

    Cricket:
    The Black Caps' young guns have a sniff at a T20 series victory against Pakistan, after taking a 2-1 series lead following a four-run game-four win 8:07

    Rugby League:
    Warriors coach Andrew Webster is walking towards the challenge of getting his team out of their current slump 7:57

    Basketball:
    The Wellington Saints have moved to the top of the National Basketball League with a 111-104 win over Hawke's Bay at TSB Arena 7:47

    Business:
    The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg 7:37

    Rugby League:
    Warriors captain Tohu Harris believes they've strayed from the basics 7:37

    Tennis:
    Rafael Nadal has dominated American teenage wildcard Darwin Blanch in the opening round of the ATP's Madrid Open, for just his second win since January 7:27

    International:
    First official portrait of King Frederik and Queen Mary of Denamrk released since ascending the throne 7:27

    International:
    How North Korean dictator Kim Jong Un is using the rise of women to maintain his grip on power 7:07


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