Economy

BRENT MELVILLE: Auckland's big ratepayer-owned Co's need reining in

Brent Melville
Tue, 18 Aug 2020

BRENT MELVILLE: Auckland's big ratepayer-owned Co's need reining in
Brent Melville
Tue, 18 Aug 2020
Last week's release of a 99-page report into Auckland’s council-owned companies, has confirmed what most ratepayers already know; they act as a law unto themselves. The $650,000 independent review, commissioned by Mayor Phil Goff and the first since the supercity's formation 10 years ago, found a disconnect between the council’s five big ratepayer-owned firms, their council parent and the public.  At the heart of that lack of accountability is the “misguided” belief that CC...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
NZ dollar hits two-year low
Staff reporters | Wed, 06 Jul 2022

The New Zealand dollar fell to 61.59 US cents at 5pm this evening – the lowest it has been since May 2020.

Retail
Govt plans for grocery commissioner well received
Rebecca Howard | Wed, 06 Jul 2022

The new watchdog “will be a referee of the sector, keeping the supermarket duopoly honest and blowing the whistle where it suspects there is a problem”. 

Climate change
Carbonz resumes trading with creators standing by their credibility
Ian Llewellyn | Wed, 06 Jul 2022

The creators of a voluntary carbon credit and platform to trade them stand by their product.

Sponsored
How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges