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11 Nov 2024 22:38
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  •   Home > News > Local Politics

    Greater Wellington Regional Council's debt has officially ticked over one billion dollars

    Greater Wellington Regional Council's debt has officially ticked over one billion dollars


    That's over 50-thousand more than expected -- the council blaming a year of economic challenges and financial pressures.

    Chair Daran Ponter says investment is needed, particularly in water infrastructure, and sometimes that requires debt funding.

    © 2024 Newstalk ZB, NZCity

     Other Local Politics News
     05 Nov: Tararua District Council has issued a boil water notice for Norsewood residents
     31 Oct: A call for permanent Police presence on buses and trains, after increasing violence
     30 Oct: Hastings District Council was working on giving building consents a shake-up, before the Government put its ideas forward
     28 Oct: Masterton's mayor says the recent boyracer ruckus is giving Wairarapa a bad look
     25 Oct: A section of road in Hokitika has been re-named, in honour of former Westland Mayor Bruce Smith
     22 Oct: Christopher Luxon's hinting a decision about Wellington City Council is imminent
     20 Oct: Local councils want to be included on any future referendum on Government term lengths
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