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Sam Broughton: Local Government NZ on the possibility of a rates cap for local governments

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Manage episode 490417899 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

The leader of the country's local government association says there's global evidence a rates caps can have detrimental effects.

The Government's mulling a cap as part of its wider reform to refocus local government.

Sam Broughton —Mayor of Selwyn District Council and Local Government NZ President— says if core infrastructure like water and transport aren't included in a cap, it can lift a council's borrowing costs.

He told Mike Hosking Australia is seeing the negatives: New South Wales has a cap, and has seen higher rates increase than those states without one.

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See omnystudio.com/listener for privacy information.

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7297 episodes

Artwork
iconShare
 
Manage episode 490417899 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

The leader of the country's local government association says there's global evidence a rates caps can have detrimental effects.

The Government's mulling a cap as part of its wider reform to refocus local government.

Sam Broughton —Mayor of Selwyn District Council and Local Government NZ President— says if core infrastructure like water and transport aren't included in a cap, it can lift a council's borrowing costs.

He told Mike Hosking Australia is seeing the negatives: New South Wales has a cap, and has seen higher rates increase than those states without one.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7297 episodes

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