The government is planning to introduce legislation this year that will eventually limit council rate increases to 4 percent.
24 minutes ago
Local Government Minister Simon Watts.
The Fitch credit ratings agency is warning the introduction of local government rate caps could increase the risk of credit downgrades across the sector.
The government is planning to introduce legislation this year that will eventually limit council rate increases to 4 percent, from 2029.
Fitch reviews the credit ratings of 18 councils across New Zealand.
The government is planning to introduce legislation this year that will eventually limit council rate increases to 4 percent.
As part of the Chancellor's spending plans, the Treasury suggested that local authorities would hike bills by 4.99 per cent a…
Ministers are working on the basis that councils will increase the rate by 5 per cent a year for the next three years.
Local Government Minister Jim McMahon this morning unveiled proposals to 'modernise' they system and send more than £2billion 'to…
Under controversial plans to completely redraw the 'outdated' system, an influential thinktank wants to scrap the existing bands…
The Institute for Fiscal Studies (IFS) has estimated that Wandsworth and Westminster councils would need to hike council tax by…
