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19 Jul 2025 11:57
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  •   Home > News > Local 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.

    © 2025 Newstalk ZB, NZCity

     Other Local Politics News
     17 Jul: Calls for more cash to go towards promoting local elections - to cure low voter turnout
     16 Jul: A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year
     12 Jul: Farms and orchards in the Nelson Tasman region have been carved up by floodwaters following severe weather
     11 Jul: Belief more international routes are on the way for Christchurch
     09 Jul: The Hamilton Mayor's not bothered by the French rugby team's decision to stay outside the city, in the lead-up to their test against the All Blacks
     04 Jul: Christchurch City Council has taken to the air to understand how storms have changed our coastlines
     02 Jul: Tauranga's Mayor says the region wants certainty, as a deal with the Government inches closer
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