Rates increases - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Sun, 19 May 2024 19:36:24 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg Rates increases - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 Warning fat city rates rises could make housing crisis worse https://cathnews.co.nz/2024/05/20/warning-fat-city-rates-rises-could-make-housing-crisis-worse/ Mon, 20 May 2024 05:52:12 +0000 https://cathnews.co.nz/?p=171024 Verbal hearings on the city council's long term plan have heard strong warnings of severe impacts on the "vulnerable" if fat double digit rates rises go through. The draft plan for 2024-34 proposes rates rise by nearly 19.9% next financial year and by 15.5% annually for the following four years. On Thursday's day two of Read more

Warning fat city rates rises could make housing crisis worse... Read more]]> Verbal hearings on the city council's long term plan have heard strong warnings of severe impacts on the "vulnerable" if fat double digit rates rises go through.

The draft plan for 2024-34 proposes rates rise by nearly 19.9% next financial year and by 15.5% annually for the following four years.

On Thursday's day two of the hearings, Glenview pensioner John Walker, 75, said he'd calculated his rates were set to rise from just over $3200 a year now to nearly $7000 by 2028-29. Read more

Warning fat city rates rises could make housing crisis worse]]> 171024