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8 Nov 2024 14:51
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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
     08 Nov: Optus hit with $12 million fine after customers could not access triple-0 during network outage
     08 Nov: New Zealand's economic downturn has eaten into the Warehouse's revenue -- with the Big Red Shed taking an almost 17 million dollar hit in sales
     08 Nov: Jamie Wilson linked arms with politicians and celebrities, but behind closed doors a business was marred with problems
     08 Nov: New Zealand's largest bank, ANZ, is reporting a small rise in net profit
     08 Nov: Concerns contract issues are stifling competition in the electricity sector
     08 Nov: The US Federal Reserve has cut interest rates by a quarter of a percentage point
     08 Nov: New China trade deals are expected to bring 340-million dollars in export revenue over three years
     Top Stories

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    BUSINESS BUSINESS
    Optus hit with $12 million fine after customers could not access triple-0 during network outage More...



     Today's News

    Entertainment:
    Ashanti is an "awesome mom", according to Nelly 14:25

    Business:
    Optus hit with $12 million fine after customers could not access triple-0 during network outage 14:17

    Law and Order:
    A trio charged with the manslaughter and kidnapping of a woman whose body was found in a bag in Auckland have appeared in court 14:07

    Living & Travel:
    It could be back to the drawing board Mount Ruapehu's Turoa skifield 14:07

    Entertainment:
    Adrian Grenier is set to become a dad again 13:55

    Business:
    New Zealand's economic downturn has eaten into the Warehouse's revenue -- with the Big Red Shed taking an almost 17 million dollar hit in sales 13:47

    Law and Order:
    To the Yanfei Bao murder trail now.....and Court has gone into chambers for the second time in about an hour following the accused's attempts at cross examination 13:27

    Entertainment:
    Tom Grennan has "finally found peace" with himself 13:25

    Law and Order:
    Israel's requirement for war zone DNA tests has divided a family across the country and Gaza 13:17

    Entertainment:
    Would you be better off without your kids? Audrey is a cheeky, darkly humorous film that explores maternal regret 13:07


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