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"Detrimental effect": Mayor warns against capping rates increases

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¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Tue, 24 Jun 2025, 8:54am
Photo / 123rf
Photo / 123rf

"Detrimental effect": Mayor warns against capping rates increases

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Tue, 24 Jun 2025, 8:54am

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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