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16 Dec 2025 6:40
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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
     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
     29 Nov: Changes to regional councils could create debate about what to do with the assets they own
     Top Stories

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    High praise for Hayden Wilde from the the voice of triathlon after a dominant year on the T100 circuit More...


    BUSINESS BUSINESS
    Potential for foreign buyers to push up property prices in wealthy hotspots More...



     Today's News

    Entertainment:
    Nicholas Hoult was told that he would "go off the rails" after finding fame as a child actor 6:20

    Accident and Emergency:
    The two climbers overdue from Aoraki Mount Cook - appear to be in the same area as where last month's fatal accident happened 5:27

    Environment:
    Residents of a South Taranaki village have been on standby overnight to evacuate, as a vegetation fire rages nearby 5:07

    Law and Order:
    Deaths of Rob Reiner and wife investigated as apparent homicide, LAPD says 4:37

    International:
    Hong Kong media mogul Jimmy Lai found guilty of sedition and collusion 4:37

    Business:
    Potential for foreign buyers to push up property prices in wealthy hotspots 21:57

    Entertainment:
    Eric Dane will open up about his ALS battle and his career in a new memoir 21:50

    Entertainment:
    Zooey Deschanel has joked she's coming for Mariah Carey's title of the Queen of Christmas 21:20

    Law and Order:
    Police are canvassing a large area of Rotorua today after launching a homicide investigation into the death of a man on Friday evening 21:17

    Entertainment:
    Rina Lipa will make her film debut as a cut-throat criminal 20:50


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