News | Business
21 Mar 2025 21:23
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
     21 Mar: The Warehouse Group's slight shift in fortunes is proving encouraging, although the business admits there is still work to do
     21 Mar: Some parts of the economy may be out of recession, but others are not
     21 Mar: Hard work ahead for the Warehouse Group, despite promising shoots emerging from its latest financials
     21 Mar: The Council of Trade Unions says continued economic growth isn't a given
     21 Mar: The whole economy is expected to feel the positives coming out of the dairy sector
     21 Mar: One of our largest retailers believes it's starting to turn a corner
     21 Mar: Kiwifruit marketer Zespri is forecasting strong returns for growers
     Top Stories

    RUGBY RUGBY
    The record-breaking New Zealand contingent at the World Athletics Indoor Championships in China has been inspired by a history-making performance back home More...


    BUSINESS BUSINESS
    The Warehouse Group's slight shift in fortunes is proving encouraging, although the business admits there is still work to do More...



     Today's News

    Accident and Emergency:
    Five people are injured - one critically - after a crash in southern Waikato 21:17

    Entertainment:
    Cate Blanchett's son was "really upset" that her 'Lord of the Rings' doll did not have underwear 21:14

    Entertainment:
    Demi Moore shared a heartfelt tribute to ex-husband Bruce Willis on his 70th birthday 20:44

    Entertainment:
    Bella Ramsey found being diagnosed with autism "freeing" 20:14

    Entertainment:
    Meghan, Duchess of Sussex, wrote to a podcaster who said she was "scared" for the royal 19:44

    International:
    Dermatologists share their verdict on beef tallow in skincare 19:27

    Entertainment:
    Dolly Parton was honoured with two emotional musical tributes at 'Opry 100: A Live Celebration' 19:14

    Business:
    The Warehouse Group's slight shift in fortunes is proving encouraging, although the business admits there is still work to do 18:57

    Entertainment:
    Kim Kardashian is reportedly "done trying to be reasonable" with Kanye West after his latest rant 18:44

    Motorsports:
    Liam Lawson's confident Red Bull Racing's powerbrokers are doing everything they can to help him have an improved second weekend of the new Formula One season 18:37


     News Search






    Power Search


    © 2025 New Zealand City Ltd