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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


No 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.