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12 May 2025 2:56
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  •   Home > News > Business

    An Auckland councillor says the Council's done too much spending, and not enough selling

    An Auckland councillor says the Council's done too much spending, and not enough selling


    Mayor Wayne Brown is putting forward two options for the Port of Auckland in his proposed 10-year budget, which also includes a possible rates rise of 7.5 percent.

    He suggests either keeping the business and gradually releasing land for public use, or selling the operating lease to raise up to three-billion-dollars.

    Councillor Wayne Walker says they haven't been getting the money to fund the cost of growth.

    He says Auckland developments cost a lot in infrastructure and over time they haven't had the money they should have.

    © 2025 Newstalk ZB, NZCity

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     09 May: To the financial accounts of New Zealand Rugby..
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     Today's News

    Health & Safety:
    A person who recently returned from Asia has been identified as having measles 21:57

    Health & Safety:
    People in Auckland who were at Woolworths Kelston last Saturday and Fullers360 ferries last Monday are being warned those are locations of interest in a new measles case 21:17

    International:
    Zelenskyy calls for Russia to agree to 'lasting' ceasefire before peace talks 21:07

    Rugby League:
    The Melbourne Storm have equalled their biggest ever NRL win, decimating the Wests Tigers 64-nil at AAMI Park 18:57

    Motorsports:
    To the final race of the Supercars' latest round in Tasmania, on Sky Sport 18:37

    Netball:
    The rule change to allow the two-point shot in netball's ANZ Premiership has created the most fascination ahead of this weekend's opening round 18:07

    Basketball:
    New Zealand basketball coach Judd Flavell has recorded his first victory over Australia 17:27

    Accident and Emergency:
    One person has died, and three others have been injured in an ATV crash on a private property in the Waikato's Karapiro 17:27

    Politics:
    The Prime Minister's keen to speed up social media restrictions for young people 16:37

    International:
    Can Wikipedia survive the rise of AI and the age of Donald Trump? 16:37


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