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17 Apr 2024 8:44
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      Home > News > Business

    A zero rates increase is off the table for Christchurch residents

    A zero rates increase is off the table for Christchurch residents


    Instead, three options will go out for public consultation late next month.

    The council's preferred option is a 3.5 percent increase.

    The other options are a 5.5 percent increase or a 4.6 percent increase.

    Six of the council's 16 councillor say it's disappointing the Annual Plan didn't dig deeper into other options.

    © 2024 Newstalk ZB, NZCity

     Other Business News
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     16 Apr: Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange
     16 Apr: The Telecommunications Commissioner says he's disappointed about alleged breaches of the 111 Contact code by telco One New Zealand
     16 Apr: A Christchurch businessman's appeal against the Tenancy Tribunal's been dismissed
     16 Apr: How Israel managed to intercept '99 per cent' of Iran's drone and missile attack
     Top Stories

    RUGBY RUGBY
    Optimism from Crusaders assistant coach Tamati Ellison despite sitting second-to-last on the Super Rugby ladder More...

    BUSINESS BUSINESS
    Lower interest rates still look like a distant prospect in the eyes of our largest bank More...


     Today's News

    		 Entertainment:
    OJ Simpson's brain will not be probed for signs of whether he was prone to erupting in violence 8:40

     Soccer:
    To the Champions League football quarter-finals in Barcelona, on beIN Sports.. 8:37

     Entertainment:
    Ruby Wax says OJ Simpson's agent told her he "knew the truth" about his alleged double-murder 8:10

     Rugby League:
    Warriors and Tonga front-rower Addin Fonua Blake wants more NRL talent to switch test allegiances to their Pacific island of heritage 8:07

     Business:
    Lower interest rates still look like a distant prospect in the eyes of our largest bank 7:57

     Rugby:
    Optimism from Crusaders assistant coach Tamati Ellison despite sitting second-to-last on the Super Rugby ladder 7:57

     Law and Order:
    Julian Assange extradition edges closer after US promises not to seek death penalty 7:47

     Entertainment:
    Tom Cruise gave Dakota Fanning her first mobile phone 7:40

     Politics:
    Concerns we could lose our global standing as a clean and green economy 7:37

     Business:
    Domestic airfares have been ranked New Zealand's least competitive market; trailing supermarkets, banks and fuel companies 7:27

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