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26 Apr 2024 7:29
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  •   Home > News > Business

    Saving money is one of the main focuses in Auckland's Mayor Phil Goff's 10-year Recovery Budget proposal

    Saving money is one of the main focuses in Auckland's Mayor Phil Goff's 10-year Recovery Budget proposal


    Goff is proposing selling surplus properties to invest in critical infrastructure and a one-off five percent rates increase for the next financial year, before reverting to 3.5 the following year.

    He says without a budget to counter the one billion dollar financial hole caused by Covid, the city will go backwards.

    Goff says it will help the city find a way forward without giving up any long term plans.

    © 2024 Newstalk ZB, NZCity

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