News | Business
17 Sep 2025 21:24
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    A warning from a Government watchdog - for councils to manage their finances carefully

    A warning from a Government watchdog - for councils to manage their finances carefully


    Financial sustainability's a hot topic during this year's local elections, with some candidates running campaigns based on rates increases.

    A report on recent council audits shows local government face significant pressure.

    Auditor-General Grant Taylor says his office remains concerned about the viability of the local Government sector - as these are making it more difficult for councils to balance budgets.

    Total council debt's doubled since 2017 -- with five councils holding more than a billion dollars in debt.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Sep: New Zealand's current account deficit has narrowed to its smallest point in four years
     17 Sep: Potential traces of salmonella has forced a recall of 'Deep' brand's Green Garlic
     17 Sep: Primary school teachers are demanding more resourcing and support, as they prepare to strike
     17 Sep: Dairy prices have fallen another 0.8 percent at this morning's Global Dairy Trade auction
     16 Sep: ???1;Falling interest rates are yet to flow through to the housing market
     16 Sep: Otago has emerged as the most expensive region in New Zealand, for renters
     16 Sep: Watties has explained its decision to suddenly end contracts with local peach suppliers
     Top Stories

    RUGBY RUGBY
    The Black Ferns are under no illusions of what lies ahead with Canada standing between them and a spot in the Rugby World Cup final More...


    BUSINESS BUSINESS
    A warning from a Government watchdog - for councils to manage their finances carefully More...



     Today's News

    Rugby:
    The Black Ferns are under no illusions of what lies ahead with Canada standing between them and a spot in the Rugby World Cup final 21:17

    International:
    Hasan Piker opens up on Charlie Kirk's death, Donald Trump and Elon Musk's campaign against him 21:07

    Entertainment:
    Meg Stalter shunned the formal dress code and wore jeans to the Primetime Emmy Awards on Sunday (14.09.25) 21:01

    Entertainment:
    Neil Young made a dash to hospital after his show in California over the weekend due to an "unexpected health emergency in the family" 20:31

    Entertainment:
    Mark Ronson has recalled the bizarre night he spent in Michael Jackson's hotel room when he was 13 20:01

    Entertainment:
    Hacks is ending with season five 19:31

    Environment:
    Firefighters are continuing to fight one large scrub fire in Canterbury, fuelled by strong winds and forestry slash 19:07

    International:
    What time does Gout Gout run at World Athletics Championships? How to watch Gout Gout's 200m heat 19:07

    Entertainment:
    Reba McEntire and Rex Linn are engaged 19:01

    Auckland:
    A person's died following a serious two-vehicle crash in Auckland's Ellerslie this afternoon 18:47


     News Search






    Power Search


    © 2025 New Zealand City Ltd