News | Business
30 Dec 2025 11:02
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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     30 Dec: The EU's new deforestation regulation could be favourable to New Zealand - when it eventually kicks in
     30 Dec: Workers in other industries may be putting their feet up for a summer break, but hospitality is knuckling down for its busiest time of year
     30 Dec: New Zealand's tourism sector appears to be finishing the year in a strong position - inching up to pre-pandemic numbers
     30 Dec: Projections investors will return to the housing market in 2026
     30 Dec: Record numbers of first-home buyers are participating in the housing market
     28 Dec: Melbourne could be facing water-restrictions from low-rainfall, a dry summer, and high water-use
     28 Dec: A dip in sales and wild weather hasn't dampened retailers' spirits - with hopes things will turn a corner in 2026
     Top Stories

    RUGBY RUGBY
    Nick Kyrgios has blitzed Aryna Sabalenka in straight sets 6-3, 6-3 across what has been coined their battle-of-the-sexes tennis match in Dubai More...


    BUSINESS BUSINESS
    The EU's new deforestation regulation could be favourable to New Zealand - when it eventually kicks in More...



     Today's News

    International:
    Donald Trump says US 'knocked out' a 'big facility' in Venezuela 10:57

    Politics:
    Zelenskyy denies attacking Putin's Novgorod home with long-range drones 10:57

    Politics:
    Donald Trump calls for Hamas to disarm after meeting with Benjamin Netanyahu 10:47

    Rugby League:
    Ryan Searle is the first player through to the world darts championships quarter-finals 10:47

    Entertainment:
    Taylor Swift has donated $1 million to Feeding America 10:38

    National:
    Are we the Martians? The intriguing idea that life on Earth began on the red planet 10:37

    Environment:
    Severe winds are continuing to cause major disruption in the lower North Island, upper South Island and West Coast - with wind warnings and watches in effect 10:27

    National:
    AI agents arrived in 2025 – here’s what happened and the challenges ahead in 2026 10:27

    Business:
    The EU's new deforestation regulation could be favourable to New Zealand - when it eventually kicks in 10:27

    National:
    Architecture isn’t neutral. It’s been shaping political power for millennia 10:17


     News Search






    Power Search


    © 2025 New Zealand City Ltd