Showing posts with label Property rates cap. Show all posts
Showing posts with label Property rates cap. Show all posts
Monday, August 31, 2026
Dr Bryce Wilkinson: Rates caps are not ratepayer empowerment
Labels: Dr Bryce Wilkinson, Property rates capNo competent physician would prescribe a remedy for a symptom before determining its cause.
Local Government Minister Simon Watts wants to cap council rates increases at 2 to 4 percent. Why? Because, ratepayers have been hit with "steep and unexpected" rises that add to cost of living pressure.
That describes a symptom. It is not a diagnosis.
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