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10 Dec 2025 19:44
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  •   Home > News > Business

    Christchurch City Council has modelled what a Government-imposed rates cap could mean for the city

    Christchurch City Council has modelled what a Government-imposed rates cap could mean for the city


    Ministers are proposing to limit annual rates rises to between two and four percent.

    Councillors were briefed yesterday on the early findings.

    A four-percent cap from 2027 would force the council to find 28-million dollars in savings, climbing to more than 122-million by 2033.

    The modelling shows there would be a larger funding shortfall with a two percent cap. .

    © 2025 Newstalk ZB, NZCity

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