Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Solid Six Months For Council Group


Media release
1 March 2013

Solid Six Months For Council Group

Auckland Council Group has announced a total after-tax surplus of $478 million in the final six months of the 2012/2013 financial year, with an underlying $62 million net operating surplus for the period.

Australasia’s largest local body also reported the value of its net assets had increased by $455 million.

These details are outlined in the Group’s half-year results reported to the NZX today.

Auckland Council Chief Finance Officer, Andrew McKenzie, says the results reflect the Group’s focus on delivering savings and efficiencies and continuing to find opportunities to transform the organisation, so it can deliver the benefits of amalgamation.

“These results represent a solid six months for the group as we deliver on the vision to create the world’s most liveable city in an affordable way.”

People are already experiencing many of those benefits; in the six months to the end of 2012, many major regional and local projects were completed or kicked off.

These include:

• First year of the new single rating system implemented
• The HOP integrated ticketing system on trains and ferries introduced
• Auckland was named in the top 10 rankings of all three major international quality of life surveys
• A revitalised Hurstmere Green in Takapuna was reopened
• Construction began on new library in Wellsford
• Redevelopment of the Lopdell House precinct in Titirangi started
• Refurbishment of the Massey Park Aquatic Centre got underway
• Customer services received 1,255,434 calls
• Solid waste and dog management bylaws adopted
• City Centre Masterplan, the Waterfront Plan and the Economic Development Strategy launched.
• Work began on transforming Shed 10 on Queen’s Wharf
• Auckland named second in 2012 International Sports City Awards.

A final copy of half-year report will be available on council’s website by the end of March.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>

ALSO:

Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>

ALSO:

Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news