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11 Oct 2024 13:28
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  •   Home > News > Politics

    Greater Wellington Regional Council's debt has officially ticked over one billion dollars

    Greater Wellington Regional Council's debt has officially ticked over one billion dollars


    That's over 50-thousand more than expected -- the council blaming a year of economic challenges and financial pressures.

    Chair Daran Ponter says investment is needed, particularly in water infrastructure, and sometimes that requires debt funding.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
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     10 Oct: The Australian government has introduced new cyber security laws. Here’s what you need to know
     10 Oct: Confidence the country will reap the benefits of reforms to the emergency management system
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