Capping rates rises would make things 'worse not better' - Chris Hipkins

Central City Council Candidate Slams Rate Caps As Economic Illiteracy

Mr Roud says a rates cap would put Council’s books in worse shape, since the ability to levy rates gives the Council access to cheaper lending.

Capping rates rises would make things 'worse not better' - Chris Hipkins

But Nicola Willis says councils need to stick to the basics and not waste ratepayers money.

Capping Rates Will Accelerate The Privatisation Of Locally Owned Assets – PSA

The biggest union representing local government workers is calling on the Government to dump its rate cap idea which could spur councils to sell assets to meet rate increase targets. “This is simply a populist ploy which should send alarm bells through local communities,” said Fleur Fitzsimons, National Secretary for the Public Service Association Te Pūkenga Here Tikanga Mahi. “Nobody likes large rate increases, but this proposal will end up spu…