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15 Jul 2025 8:52
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     14 Jul: Retail spending's risen in June, as Kiwis fork out for a winter wardrobe
     14 Jul: The Education Minister wants to build our numbers of overseas students
     14 Jul: Attempts to patch up what's being described as our broken energy market, don't yet stretch far enough
     13 Jul: Belief the Government needs to step up, and make urgent changes to the energy market
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    Coach Scott Robertson's laying down a challenge to the All Blacks squad with their series against France already in the bag ahead of the third and final test More...


    BUSINESS BUSINESS
    The Commerce Commission is taking legal action against Foodstuffs North Island and Gilmours Wholesale, over alleged cartel behaviour More...



     Today's News

    Entertainment:
    Conner Smith's "heart is broken" after he was involved in a fatal accident 8:40

    Soccer:
    The Wellington Phoenix men have made their first off-season A-League football signing 8:37

    Cricket:
    A chance presents that New Zealand cricket's 70-year wait to pass on the mantle for the lowest test score of 26 against England at Auckland's Eden Park could be over 8:37

    Law and Order:
    Why Trump is sending more Patriot missiles to Ukraine and how they help Kyiv's war effort 8:17

    Law and Order:
    A 22-year-old man is due in North Shore District Court today on charges involving a stash of ammunition, drugs and a gun 8:17

    Entertainment:
    Kelly Osbourne has insisted Ozzy Osbourne is "not dying" 8:10

    Rugby League:
    The waffle has continued between Paul Gallen and Sonny Bill Williams ahead of their boxing bout in Sydney tomorrow night 7:57

    Accident and Emergency:
    One person has died in a crash south of Palmerston North 7:47

    Entertainment:
    Bella Thorne claims Charlie Puth "lied to the entire world" about her after she refused to sleep with him 7:40

    Politics:
    Anthony Albanese to meet China's President Xi Jinping and Premier Li Qiang in Beijing 7:27


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