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29 Dec 2025 4:35
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  •   Home > News > Local Politics

    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.

    © 2025 Newstalk ZB, NZCity

     Other Local Politics News
     19 Dec: Northland Regional Council is hoping to give ratepayers a Christmas present by pushing through a zero percent rates rise
     10 Dec: Christchurch's Mayor has more suggestions for where hospital night-shift workers can park
     10 Dec: Christchurch City Council has modelled what a Government-imposed rates cap could mean for the city
     09 Dec: Christchurch Police say the Eagle helicopter is already proving its worth in the city's crackdown on crime
     04 Dec: Christchurch's Mayor wants to accelerate talks on forming a Greater Christchurch super-city
     02 Dec: Criticism of Auckland Mayor Wayne Brown - for planning a rates hike, at the same time the Government's put up a plan to force Councils to cap them
     01 Dec: The Government says Councils can't keep driving up costs for ratepayers
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     Today's News

    Entertainment:
    Brigitte Bardot, iconic French actor, sex symbol and animal rights campaigner, dies aged 91 23:37

    Motoring:
    Crews are cleaning up an oil spill along a stretch of State Highway 73, between Christchurch and the West Coast 21:57

    Motoring:
    In Upper Hutt near Kaitoke, the intersection of SH2 and Waterworks Road has reopened after a collision 21:47

    Entertainment:
    King Charles' Christmas speech will be available in virtual reality 20:20

    Entertainment:
    Lily Allen has been "shopping like an insane person" following the success of her album West End Girl 19:50

    Entertainment:
    Sean Ono Lennon fears that younger generations could forget about The Beatles 19:20

    Environment:
    Sandbagging stations are open in Australia's far north, where residents are braceding for a drenching, with a slow-moving monsoon expected to dump up to 700mm of rain 18:57

    Entertainment:
    Chris Rea shared a poignant social media post in the hours before his death 18:50

    Environment:
    Thousands of displaced people in Gaza are preparing threadbare tents in the face of more winter rain 18:37

    Politics:
    Taiwan's cunning tax compliance makes most shopping receipts a ticket in a lottery 18:27


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