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16 Dec 2025 8:16
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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

    RUGBY RUGBY
    Former New Zealand Rugby high performance manager Don Tricker has been called in to oversee the review into the 2025 All Blacks season More...


    BUSINESS BUSINESS
    The Government's making moves to acquire properties for North Canterbury's Woodend Bypass More...



     Today's News

    National:
    Think you know Hans Christian Andersen? Four experts pick his weirdest fairy tales to read this Christmas 8:07

    Politics:
    Students are still battling to find consistent work leading into the summer break 8:07

    International:
    It's author Jane Austen's 250th birthday, and her books still have lessons for us today 7:57

    Business:
    The Government's making moves to acquire properties for North Canterbury's Woodend Bypass 7:57

    Entertainment:
    Pamela Anderson enjoyed an "intimate" romance with Liam Neeson 7:50

    Rugby:
    Former New Zealand Rugby high performance manager Don Tricker has been called in to oversee the review into the 2025 All Blacks season 7:47

    Business:
    New data shows the service sector has now dipped in activity for six months in a row 7:37

    Business:
    The services sector is blaming the weak economic environment for a downturn in activity 7:27

    Entertainment:
    Sir Richard Branson has thanked well-wishers following the death of his wife Joan Templeman last month 7:20

    Health & Safety:
    Worksafe's taken early enforcement action against a Christchurch daycare, where five children and two staff suffered chemical burns 7:17


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