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8 May 2024 8:20
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      Home > News > Local Politics

    Claims selling off some of Christchurch's 'family silver' could deliver the city an extra 450-million-dollars, over ten years

    Claims selling off some of Christchurch's 'family silver' could deliver the city an extra 450-million-dollars, over ten years


    The city's investment company Christchurch City Holdings Limited is urging the city council to cede control of strategic assets, including the airport and Lyttelton Port, to increase dividends.

    CCHL executives want Council to give them a more flexible mandate to invest and divest within agreed guidelines, with the expectation of greater returns.

    © 2024 Newstalk ZB, NZCity

     Other Local Politics News
     06 May: Police are still hunting a person suspected of shooting a man dead on Auckland's Ponsonby Road about 10.15 last night
     06 May: The Chief Executive of Upper Hutt City Council is apologising after a number of mistakes were found in its draft long term plan
     05 May: Award-winning Maori musician Ria Hall has announced she's running for the Tauranga mayoralty
     05 May: Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils
     02 May: Nelson City Council-owned properties at risk from landslips, are up for sale
     02 May: Dunedin City Council is challenging the Government over recent upheaval within the disability support sector
     29 Apr: Cantabrians are about to have the opportunity to discuss their regional council's 10 year plan
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