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16 Dec 2025 22:05
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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
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     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
     29 Nov: Changes to regional councils could create debate about what to do with the assets they own
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