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Labels:
Local council,
Rates caps,
Ryan Bridge
This rates cap is popular politics, no doubt, and local government needs a good kick in the pants.
But does a 2-4% band simply mean we're going to pay more in other fees?
Rates aren't the only way these guys make money off us, we also pay for specific things like resource and building consents, LIM requests, dog registrations, and campgrounds.
Labels:
Heather du Plessis-Allan,
Local council,
Rates caps
The Government has announced the details on its plan for rates caps - councils will be capped at 4%.They will not be able to raise their rates by more than 4%, and the plan will start being implemented in a couple of years' time, sort of mid 27, and then will be fully in place by mid 2029.
Labels:
Local government,
Rates caps,
Ryan Bridge
This rates cap, how's it actually going to work.
I had Luxon on my Herald show yesterday, an announcement's coming in the next few weeks.
But ask any Mayor, not the ones who like disco toilets and golden miles, but the ones who already to the basic stuff and little else. They're cutting their cloth.
Labels:
Local government,
Rates caps,
Ryan Bridge
A rates cap is one of those policies that immediately sounds appealing.
Look no further than yesterday’s CPI number. It’s one of your top three inflation feeders.
So, throw a cap on them. Tie their hands behind their backs. Reign 'em in!