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11 Oct 2024 14:24
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  •   Home > News > Business

    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 Business News
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     10 Oct: The Government books have sunk further into the red
     10 Oct: An extra weapon against banking scams - but customers still need to play their part
     10 Oct: Confidence the country will reap the benefits of reforms to the emergency management system
     10 Oct: Expect another cut to the Official Cash Rate before Christmas
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     Today's News

    Health & Safety:
    A jump in whooping cough cases is sparking fears of a national outbreak 14:17

    Business:
    An economist says net migration could flip in the near future - with more leaving the country than arriving 14:17

    National:
    From Fela Kuti to Jimi Hendrix and The Grateful Dead – the story of music manager Rikki Stein 14:17

    Entertainment:
    Beyoncé's children might not go into the entertainment business 13:54

    Law and Order:
    Tribesmen gang members have been arrested and six motorbikes impounded for six months - after dangerous driving in south Auckland last night 13:27

    Entertainment:
    Anne Hathaway has sent a "very personal" apology over an "awful" interview 13:24

    Soccer:
    Midfielder Alex Rufer insists there's no awkwardness in the proximity of the All Whites' opening World Cup qualifier to the start of the A-League season 13:17

    Living & Travel:
    Gazing at your dog can connect your brains, research shows 13:07

    Entertainment:
    Allison Holker became "unhirable for a moment" after the death of Stephen 'tWitch' Boss 12:54

    Rugby League:
    Shaun Johnson admits he couldn't say no when Kiwis coach Stacey Jones asked if he'd come out of retirement for the Pacific League Championships 12:47


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