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27 Nov 2025 14:35
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  •   Home > News > Business

    A Wellington city councillor wants plans to borrow more money to cover a three million dollar error, scrapped

    A Wellington city councillor wants plans to borrow more money to cover a three million dollar error, scrapped


    An upcoming report shows Wellington Water meter users have been undercharged over the last financial year.

    It was caused by a data-inputting error through a combination of systems and manual processes.

    Council staff are proposing to make up the potential shortfall by borrowing more cash.

    Councillor Diane Calvert says that's not the right move.

    She says they should be looking for operational savings to make up the deficit instead.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     27 Nov: The Reserve Bank has a new Chair, with former Deputy, Rodger Finlay, taking the reins from Neil Quigley, who resigned in August
     27 Nov: The head of our largest bank is keeping her cards to her chest, on how low interest rates could go
     27 Nov: The Reserve Bank Governor is leaving the job tomorrow, with no major regrets about the pace of OCR cuts
     27 Nov: Newly released figures suggest many victims don't believe the justice system is fair and effective
     26 Nov: The days of New Zealand's rockstar economic growth aren't likely to return any time soon
     26 Nov: The Reserve Bank's slashed the Official Cash Rate, and is leaving its options open on what's next
     26 Nov: A man's appearing in court today charged with arson - over a large fire at a plastic recycling business south-west of Auckland, at Waiuku, on Monday night
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