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

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

More Economy

Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Phasing out $6b capital layer unlikely to dent banks’ credit ratings: agencies
Finance

Phasing out $6b capital layer unlikely to dent banks’ credit ratings: agencies

Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out. 

Inflation data keep RBNZ rate cuts on track
Economy

Inflation data keep RBNZ rate cuts on track

Today's data point to inflation peaking close to 3% in 3Q. 

Rebecca Howard 16 Sep 2025
Cars from collapsed dealer at director’s previous firm
Economy

Cars from collapsed dealer at director’s previous firm

Cars were moved off the yards before the insolvencies.

Gregor Thompson 16 Sep 2025