Mayors support returning GST charged on rates to councils

Mayors support returning GST charged on rates to councils
Mayors like Auckland's Phil Goff and Wellington's Andy Foster support the idea of central government returning GST on rates to councils. (Image: Auckland Council)
Oliver Lewis
Councils around New Zealand are struggling to raise the revenue needed to pay for services, maintenance and new infrastructure, leading to calls for new funding tools. Outgoing Queenstown mayor Jim Boult is pessimistic about the sustainability of the sector and hopes the future of local government review, which is set to return draft recommendations after the October elections, will lead to wholesale change. “I just think the whole local authority model needs to be revisited,” he said. “It’s very close to being...

More Policy

Foreign investors show ‘increased interest’ in NZ
Policy

Foreign investors show ‘increased interest’ in NZ

Pension funds are reportedly cooling on the US. Could NZ stand to benefit?

Oliver Lewis 22 Apr 2025
Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

Gregor Thompson 22 Apr 2025
The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Fast-track panels not out of blocks yet
Policy

Fast-track panels not out of blocks yet

The first three projects to go through the process are still waiting on panels.

Oliver Lewis 10 Apr 2025