News | Business
28 Apr 2024 15:59
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
    •    Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Local councils are being challenged to back up rising debt with infrastructure revenue

    Local councils are being challenged to back up rising debt with infrastructure revenue

    28 March 2024
    The Infrastructure Commission's found councils previously used debt to pay for new infrastructure, by creating new revenue sources.

    It found debt to revenue ratios used to rise at similar rates, but no longer.

    Economics director Peter Nunns says the critical question is whether councils can service debt.

    He says if they don't have revenue streams to repay loans today, they'll have to cut investment budgets in the future.

    © 2024 Newstalk ZB, NZCity


     Other Business News
     28 Apr: More roadworks disruptions for Auckland's Point Chevalier community
     27 Apr: Milan is planning to halt the sale of pizza and gelato after hours, to reduce noisy groups of visitors late at night
     27 Apr: Australians are paying more than ever at the petrol pump
     27 Apr: A popular yoghurt pouch with kiwi kids is being recalled over fears the products may contain black plastic
     27 Apr: Pressure's on the Government to deliver for people come Budget day
     26 Apr: Public sector cuts could be to blame for poor economic outlook
     26 Apr: Activity in the housing market is holding its own against the rising cost of borrowing
     Top Stories

    RUGBY RUGBY
    Super Rugby Pacific are exploring the idea of having mic'd up referee audio played at stadiums More...

    BUSINESS BUSINESS
    More roadworks disruptions for Auckland's Point Chevalier community More...


     Today's News

    		 Entertainment:
    A number of crew members have been injured on the set of Eddie Murphy's new movie 15:44

     Cricket:
    Black Caps coach Gary Stead has revealed a few fringe players have increased their stocks ahead of June's T20 World Cup 15:27

     Entertainment:
    Drew Barrymore spent the "most chaste" evening of her life with Jordan Knight 15:14

     Netball:
    Doubt the Southern Steel's ANZ Premiership drought will drag on much longer 14:57

     Entertainment:
    Kanye West is reportedly planning to launch his own adult film studio, Yeezy Porn 14:44

     Entertainment:
    Nico Tortorella and wife Bethany C. Meyers are expecting their second child 14:14

     Rugby:
    Super Rugby Pacific are exploring the idea of having mic'd up referee audio played at stadiums 14:07

     Entertainment:
    Nicole Kidman becomes first Australian to win American Film Institute Lifetime Achievement Award 13:47

     Netball:
    Tiana Metuarau remains a key figure for the Central Pulse in the ANZ Netball Premiership - even while sidelined through injury 13:47

     Entertainment:
    Daniel Radcliffe and Jonathan Groff played big roles in Lindsay Mendez's wedding 13:44

     News Search




    Power Search

    © 2024 New Zealand City Ltd