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4 Dec 2024 6:25
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  •   Home > News > Business

    A higher rates rise could be on the cards in Christchurch

    A higher rates rise could be on the cards in Christchurch


    The council is now forecasting a 9.76 percent rates rise next year -- rather than the 8.48 percent rise currently planned.

    Head of Finance Russell Holden says the council's high fixed costs make things hard.

    He says it's difficult to make significant reductions to the figure, without changes to the services council provides.

    Meanwhile, councillors are weighing up whether to update the council's procurement policy.

    It would see the council only do business with businesses involved in the building and maintenance of illegal Israeli settlements in exceptional circumstances, with CEO approval.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     03 Dec: Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration
     03 Dec: Receivers made the last payment on Du Val founders Charlotte and Kenyon Clarke's rental Remuera home on November 27
     03 Dec: Two major power and utility companies are being put on notice, over leaving out GST from their prices
     03 Dec: Health New Zealand has confirmed a deficit of 722-million dollars for the past financial year
     03 Dec: Tough times for the country's businesses
     02 Dec: The Government says comprehensive welfare reform will help tackle the rising number of beneficiaries
     02 Dec: There's a cautious optimism for Christmas spending, with a mixed result for retailers this Black Friday weekend
     Top Stories

    RUGBY RUGBY
    All Black Sevu Reece has avoided conviction a second time, after damaging a Christchurch property More...


    BUSINESS BUSINESS
    Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration More...



     Today's News

    Law and Order:
    All Black Sevu Reece has avoided conviction a second time, after damaging a Christchurch property 6:17

    Entertainment:
    Katherine Waterston felt awkward playing a mother before she became one herself 6:14

    Rugby:
    North Harbour's been the best-performing men's team on day one of golf's inter-provincial championships in Christchurch 5:07

    Law and Order:
    Home affairs minister says there is a lot of goodwill to secure prison transfer for remaining Bali Nine members 22:37

    Business:
    Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration 21:57

    Entertainment:
    Teri Hatcher will be "baking and baking" throughout the festive season 21:44

    Law and Order:
    Across the Tasman - the police officer convicted of MANSLAUGHTER after TASERING an ELDERLY WOMAN has been FIRED from the force 21:17

    Entertainment:
    Former My Chemical Romance star Bob Bryar has died aged 44 21:14

    Entertainment:
    Will Ferrell considers 'Saturday Night Live' to be "the hardest but most fun job" of his career 20:44

    Entertainment:
    Christina Aguilera allows her children to borrow her clothes 20:14


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