News | Business
18 Jan 2026 16:34
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 lower-than-forecast rates increase is on the cards for Christchurch

    A lower-than-forecast rates increase is on the cards for Christchurch


    City Councillors adopted its Draft Annual Plan yesterday, in a 14-to-four vote.

    It now proposes a 7.58-percent overall rates increase for this year -- while next year's has leapt to a forecast 10.4-percent.

    Pauline Cotter voted in favour -- but expressed discomfort at the looming hike.

    She acknowledged it's a good year to ease financial pressure on ratepayers -- with hopes the economy will be better next year.

    Cotter told the meeting everyone wants to keep increases low -- but the council needs to be able to deliver its services.

    Public consultation begins February 26.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     18 Jan: Revelations New Zealanders faced a 200-percent spike in E-shop scams over the festive season
     17 Jan: An additional OCR cut is not expected for a while, and there even could be a hike
     17 Jan: Finance Minister Nicola Willis has dropped some hints about this year's budget
     16 Jan: Kiwis are feeling the pinch more at the checkout - than they are at the pump
     16 Jan: Good news for our manufacturing sector
     16 Jan: ???1;The construction sector's feeling optimistic, despite weak demand
     15 Jan: Signs of recovery in at least parts of the retail sector
     Top Stories

    RUGBY RUGBY
    Springboks coach Rassie Erasmus has posted a cryptic message on social media following speculation linking his assistant Tony Brown with a move to the All Blacks More...


    BUSINESS BUSINESS
    Revelations New Zealanders faced a 200-percent spike in E-shop scams over the festive season More...



     Today's News

    Entertainment:
    Claire Danes was thrilled to wear a Gap dress to the Golden Globe Awards because was obsessed with the brand when she was a teenager 16:23

    Cricket:
    Daryl Mitchell's crediting a geographical advantage for the key role he's played in giving the Black Caps a chance to make history 16:17

    Entertainment:
    Kate Hudson "gravitates" towards comfortable red carpet outfits 15:53

    Environment:
    Civil Defence and marae have sprung into action, after flooding in Northland's North east region 15:27

    Entertainment:
    Queen guitarist Sir Brian May is worried that Sam Mendes' upcoming four films about The Beatles will feel like "it's a competition between them" 15:23

    Law and Order:
    US says it killed Al Qaeda operative linked to deadly IS ambush of Americans in Syria 15:07

    Politics:
    The cost of keeping sentenced inmates behind bars, is topping the 200-thousand mark 14:57

    Entertainment:
    Teyana Taylor won't "abandon" Kanye West, despite his controversial behaviour 14:53

    Entertainment:
    Todd and Julie Chrisley experienced a "humbling season" following their release from prison 14:23

    Living & Travel:
    The Black Foils have confirmed they've been deducted three championship points for their weekend-ending crash with Switzerland at the Sail GP season-opening event in Perth 14:07


     News Search






    Power Search


    © 2026 New Zealand City Ltd