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

 

Parliament Today:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Road Crime: Wicked Campers Vans Classified As Objectionable

The definition of publication includes any "thing that has printed or impressed upon it, or otherwise shown upon it, 1 or more (or a combination of 1 or more) images, representations, signs, statements, or words", The Classification Office has previously classified such 'things' as billboards, t-shirts, and even a drink can. This is the first time the Classification Office has classified a vehicle. More>>

ALSO:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news