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19 Jan 2026 19:00
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  •   Home > News > Business

    Aucklanders face a higher-than-planned hike of five percent in their rates bills, to help plug a billion dollar fall in council revenue

    Aucklanders face a higher-than-planned hike of five percent in their rates bills, to help plug a billion dollar fall in council revenue


    Mayor Phil Goff has recently laid out his 10-year Recovery Budget proposal.

    The one-off boost will add 36 dollars to the rates bill for the next financial year, it's likely to return to 3.5 the following year.

    Goff says this rise is essential, and will raise 450 million dollars in the space of one year.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    Business:
    A word of caution as calls grow to fund weight-management drugs 18:57

    Motoring:
    Tired legs have caught up with New Zealand cyclist Ally Wollaston in the Tour Down Under 18:37

    Business:
    Chocolate products could be in for a shake up - as manufacturers race to develop cocoa alternatives 18:07

    International:
    At least 21 dead after two high-speed trains derailed in Spain 17:57

    International:
    Tensions over Greenland escalate as US threatens tariffs over European troop deployment 17:47

    Lower South Island:
    Tom Sexton has prevailed in a bunch sprint to win the second stage of cycling's Tour of Southland 17:27

    Entertainment:
    Roger Allers, co-director of The Lion King, dies aged 76 17:17

    Health & Safety:
    Any weight loss drug roll out in New Zealand - would need to be done carefully 17:17

    Environment:
    Small Northland communities got the worst of the weekend's flooding, but more is to come 16:57

    Cricket:
    Stand-in captain Michael Bracewell is amazed by the depth the Black Caps are starting to build 16:17


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