Will Council Rates Keep Rising?

Can council rates keep rising like they have?

Local council rates have increased by 7% to 12% a year on average across the country over the last four years, ANZ economists say.

Will council rates keep rising?

Photo: iStock Local council rates have increased by 7% to 12% a year on average across the country over the last four years, ANZ economists say.

Council rates will continue to increase, but pace of increase should slow

Council rates will continue to increase over the next few years - but not as rapidly, ANZ economists say

19 Councils have increases rates more than 40% this triennium

The every useful Rates Report from NZTU shows how much rates have increased for each Council in the last three years, and the numbers are staggering. The 10 worst offenders are: West Coast Regional Council – 66% Greater Wellington Regional Council – 56% Taranaki Regional Council – 51% Queenstown-Lakes District Council – 50% Hastings District Council – 49% Central Otago District Council – 48% Wellington City Council – 47% Upper Hutt City Council…