There's concern rates capping could lead to under funding of critical infrastructure
There's concern rates capping could lead to under funding of critical infrastructure
1 December 2025
The Government's proposed a maximum increase of four percent a year.
Infrastructure NZ says rates are the only way they can collect revenue at the moment.
Chief Executive Nick Leggett says they're responsible for a lot of things which will need funding.
He says that includes roads, public buildings, public toilets and landfills.
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