News | Business
14 Dec 2025 1:38
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

    Christchurch City Council has modelled what a Government-imposed rates cap could mean for the city

    Christchurch City Council has modelled what a Government-imposed rates cap could mean for the city


    Ministers are proposing to limit annual rates rises to between two and four percent.

    Councillors were briefed yesterday on the early findings.

    A four-percent cap from 2027 would force the council to find 28-million dollars in savings, climbing to more than 122-million by 2033.

    The modelling shows there would be a larger funding shortfall with a two percent cap. .

    © 2025 Newstalk ZB, NZCity

     Other Business News
     13 Dec: New Zealand's economy is set to expand next year, as several key indicators point to economic recovery
     13 Dec: Cattle farmers are sitting pretty as beef prices remain high - but consumers are feeling the pinch
     13 Dec: Warner Bros Discovery battle draws in billionaires, celebrities and Trump's son-in-law
     12 Dec: Kiwi's look to be opening their wallets wider than before
     12 Dec: Signs that green shoots are starting to flourish economically
     12 Dec: Faster, cheaper … but better? The devil in the resource management reform detail
     12 Dec: Twenty-three staff at Health New Zealand earned more than a million dollars in the last financial year
     Top Stories

    RUGBY RUGBY
    Kiwi triathlete Hayden Wilde has only just won the first world title of his career...but he's already looking ahead to next season's T100 World Championship More...


    BUSINESS BUSINESS
    New Zealand's economy is set to expand next year, as several key indicators point to economic recovery More...



     Today's News

    Soccer:
    Auckland FC coach Steve Corica wants more than just frequent flyer points from their next batch of A-League matches 21:56

    Entertainment:
    Sydney Sweeney hasn't had cosmetic surgery because she's "so scared of needles" 21:50

    Entertainment:
    Joanna Page has claimed Johnny Depp once kissed her 21:20

    Soccer:
    Auckland City have won the National Football League Grand Final with a dramatic 7-6 penalty shootout win over Wellington Olympic 21:16

    Hockey:
    The ice hockey rink at the Milan-Cortina Winter Olympic Games is too small. The NHL is not happy 21:06

    Entertainment:
    David Corenswet had one disagreement with James Gunn on the set of Superman 20:50

    Entertainment:
    Cher is rumoured to be planning to tie the knot with toyboy Alexander 'AE' Edwards next year 20:20

    Entertainment:
    Dolly Parton is "excited" to return to work 19:50

    Entertainment:
    Sean 'Diddy' Combs' mom has slammed "inaccuracies" in Netflix's new docuseries 19:20

    Environment:
    Fire crews are battling a large blaze on Auckland's North Shore 18:56


     News Search






    Power Search


    © 2025 New Zealand City Ltd