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6 Dec 2025 9:56
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  •   Home > News > Business

    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 Business News
     05 Dec: Chris Luxon admits many Kiwis still haven't felt the economy turn a corner
     05 Dec: A stepping stone in Auckland Airport's long term goals - as it welcomes a stopover for one of the world's longest commercial passenger services
     05 Dec: What does Vladimir Putin wants from his state visit to India and his meeting with Narendra Modi?
     04 Dec: New Zealand Food Safety has recalled some flavours of Tom and Luke brand Snacka Balls due to hard plastic contamination
     04 Dec: IKEA's presence in New Zealand - may give local retailers a needed wake-up call
     04 Dec: An IKEA opening in New Zealand - could signal economic success
     04 Dec: Air New Zealand's confident a strike a week out from Christmas, won't need to go ahead
     Top Stories

    RUGBY RUGBY
    The Black Caps are trying to wrap up the first cricket test against the West Indies, on day four in Christchurch More...


    BUSINESS BUSINESS
    Chris Luxon admits many Kiwis still haven't felt the economy turn a corner More...



     Today's News

    International:
    Under deadline, Donald Trump is remaking the White House in his own image 9:47

    Soccer:
    The All Whites will face two sides inside the world's current top 20 at next year's World Cup - but have avoided the likes of world champions Argentina and European title holders Spain 9:37

    Motoring:
    Efforts turn to helping survivors and recovering the dead after devastating floods in Indonesia 9:37

    Motorsports:
    Lando Norris has gone fastest in both sessions in Friday practice for the title-deciding Abu Dhabi Formula 1 Grand Prix 8:17

    Politics:
    Lebanon says it's trying to disarm Hezbollah but fears sparking internal conflict 8:17

    International:
    The draw is underway for the 2026 FIFA World Cup in Washington DC 8:06

    Health & Safety:
    Eight people remain infectious with measles - after two new cases were detected yesterday 7:56

    Basketball:
    The Adelaide 36ers have extended their Australian basketball league winning streak to five games with a 90-65 win over Brisbane, remaining second on the ladder 7:46

    Health & Safety:
    A Christchurch daycare's expressed deep regret after five children and two adults suffered chemical burns when a hazardous substance was poured on a slip and slide 7:37

    Politics:
    An admission there's more work to do on competition in the energy sector 7:26


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