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13 Jan 2026 16:55
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  •   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

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     Today's News

    Tennis:
    Gael Monfils has mixed feelings ahead of beginning his final season on the ATP Tour tonight in Auckland 16:47

    Rugby:
    New Zealand Rugby's labelling the departure of their head of men's high performance Mike Anthony as a 'significant loss' 16:47

    Entertainment:
    Sir Paul McCartney treated George Clooney to a personal performance of When I'm Sixty-Four when he reached the age last year 16:23

    Law and Order:
    Two more people have been arrested in connection with a 2023 homicide investigation in Auckland's Point England 16:17

    Entertainment:
    Sir Elton John isn't "anti-alcohol" 15:53

    Business:
    Retail New Zealand is warning dismal Boxing Day sales reinforces there's a way to go for consumers to be ready to spend again 15:47

    Entertainment:
    David Bowie's childhood home is to be opened to the public 15:23

    Law and Order:
    Police are investigating potential links between a car fire and shooting in Palmerston North yesterday, near a children's playground 15:07

    Politics:
    Fears of unseen violence against protesters as Iran's internet blackout enters its fifth day 15:07

    Business:
    Positivity is proving contagious - with business confidence at a nearly 14-year high 14:57


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