News | Business
19 Dec 2025 13:32
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
     19 Dec: Concern slow growth could be on the horizon for global trade
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     19 Dec: Optimism about the prospects of the economy heading into next year
     19 Dec: Higher-than-expected GDP growth isn't expected to translate to higher interest rates
     18 Dec: Most parts of the economy are growing again
     18 Dec: The owner of businesses in Auckland and Hamilton has been sentenced for migrant exploitation - after failing to pay workers nearly 50 thousand dollars
     18 Dec: Transpower's received draft approval for a 193-million-dollar upgrade to the upper South Island power grid
     Top Stories

    RUGBY RUGBY
    The Black Ferns will have a female coach for the first time in the professional era More...


    BUSINESS BUSINESS
    Concern slow growth could be on the horizon for global trade More...



     Today's News

    Entertainment:
    Olivia Wilde is releasing a charity necklace to help victims of the California wildfires 13:20

    Law and Order:
    Two men have been arrested following a shooting that injured two others in Gore 13:07

    Politics:
    Northland Regional Council is hoping to give ratepayers a Christmas present by pushing through a zero percent rates rise 13:07

    Politics:
    Trump’s new security strategy exposes the limits of NZ’s ‘softly-softly’ diplomacy 13:07

    Entertainment:
    Russell Crowe on the reappraisal of Master and Commander and its masculinity 13:07

    International:
    More photos released on eve of Jeffrey Epstein files deadline 12:57

    Entertainment:
    Christina Aguilera says her daughter prefers her as a "no-makeup mama" 12:50

    Environment:
    Further restrictions on the harvesting of spiny rock lobster in the upper North Island 12:27

    Entertainment:
    John Cena can "operate" without sleep for 40 hours straight 12:20

    Dunedin:
    Dunedin’s inner-city greening project shows even small spaces can be wildlife havens 12:17


     News Search






    Power Search


    © 2025 New Zealand City Ltd