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22 Mar 2025 0:41
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  •   Home > News > Business

    A lower-than-forecast rates increase is on the cards for Christchurch

    A lower-than-forecast rates increase is on the cards for Christchurch


    City Councillors adopted its Draft Annual Plan yesterday, in a 14-to-four vote.

    It now proposes a 7.58-percent overall rates increase for this year -- while next year's has leapt to a forecast 10.4-percent.

    Pauline Cotter voted in favour -- but expressed discomfort at the looming hike.

    She acknowledged it's a good year to ease financial pressure on ratepayers -- with hopes the economy will be better next year.

    Cotter told the meeting everyone wants to keep increases low -- but the council needs to be able to deliver its services.

    Public consultation begins February 26.

    © 2025 Newstalk ZB, NZCity

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     21 Mar: One of our largest retailers believes it's starting to turn a corner
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