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

 


Chamber cautions council to spend wisely

Chamber confident about Wellington’s future but cautions council to spend wisely

Wellington has a huge and dynamic future but to ensure the city reaches its potential it must grasp the many opportunities that are beginning to present themselves, says Wellington Employers’ Chamber of Commerce President John Milford.

He was making the Chamber’s oral submission to the City Council’s Draft Annual Plan.

“Looking ahead to what we can do, the Chamber has some ‘bottom lines’ for future projects and proposals, both those in the draft annual plan and those signalled for future consideration as part of the priority growth agenda’s ‘8 big ideas’,” he told councillors tonight.

“With continued uncertainty about future liabilities such as earthquake strengthening of council buildings, legal action from leaky homes, and as the region awaits the outcome from the Local Government Commission’s reorganisation proposal, it is important that expenditure within the council’s operations is well considered.”

He said the council must continue to operate within financial prudence as the economic recovery begins to be cemented in.

“This is not to say the Chamber is against future investment or consideration of future project expenditure.

“But we should be well informed and thoroughly convinced about adding to the city’s debt – with a plan on how we pay for it.”

He said that for all project proposals, the Chamber would need to see:

An investment strategy, with a robust business case, including a convincing cost benefit analysis and return on investment, with funding in collaboration with commercial partners.
A repayment strategy, with a solid commitment to service and pay down the debt quickly.

“Regardless of the overall balance sheet or the council’s credit rating, servicing our debt and paying it down needs to be made a No 1 priority.

“Given the upcoming amalgamation possibilities, we must also be clear on how each project will benefit the entire region.

“The council needs to ensure the city has what it needs, to generate business activity, to make our city regionally, nationally, and internationally attractive and vibrant.

“The council must be absolutely focused on growth – because it’s business and investment that are going to get the city humming.

“This should not be a single focus about growing the rate base – it’s about being a competitive city again.”

He also repeated the Chamber’s concerns around the council’s decision to adopt the Living Wage.

“The Chamber is very concerned with the method in which the council made this decision.

“Though a living wage is well-intentioned, and we all want everyone to share in the rewards of economic growth, what’s not clear is how this is going to help the city grow so everyone can enjoy higher wages.

“The Living Wage incurs additional operating cost on the city and ratepayers which is not in the council’s mandate. Minimum wage and employee income subsidies are a central government issue for which individuals and business contribute through tax.

“As a business organisation we question whether the adoption of the living wage was a prudent business decision.”

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

TV3 Video: Key 'Genuinely Couldn't Recall' Texts
Reaction: Greens | More

Gordon Campbell: On Government Arrogance

Right now, National is ramming anti-terrorism measures through Parliament. This legislation will grant the SIS the power to carry out 48 hour bouts of surveillance on anyone without a warrant, and will bestow on government the power to unilaterally revoke anyone’s passports and thus deny them the freedom to travel.

Ludicrously, the public has been given exactly one day to make submissions on these major infringements of their civil liberties. Despite Finlayson’s misleading signals on RNZ that these are only stopgaps until next year’s full review of our security laws, the measures in question will not, in fact, expire until 2018.

Why the insane rush? Good question. More>>

 
 

Parliament Today:

Glenn Inquiry: Report Offers Solutions To Family Violence

The People’s Blueprint unveiled today by Sir Owen Glenn’s independent inquiry into child abuse and domestic violence outlines a new, more cohesive and effective system for reducing New Zealand’s alarmingly high family violence rates. More>>

ALSO:

Environment Commissioner: Changing Climate And Rising Seas - Understanding The Science

A rising sea will be with us for a long time to come – one way or another we will have to adapt. But how high and how fast the water rises will be influenced by the speed at which the world – including New Zealand – reduces greenhouse gas emissions over the coming decades. More>>

ALSO:

Key Texts With Whale Oil Released: PM Can’t Be Trusted Over Dirty Politics Defence - Greens

John Key’s answers to questions about dirty politics can’t be trusted, after he was forced to admit that he had misled journalists and Parliament about contact with attack blogger Cameron Slater, said the Green Party today.. More>>

ALSO:

Temporary Release Crackdown Continues: Corrections Review Of Phillip Smith Case

“The review by Corrections’ Chief Custodial Officer reveals that the plan for Smith’s series of temporary releases was overly ambitious and misinformed. He’s a highly manipulative and deceptive person who although technically eligible, should not have been considered for temporary release." More>>

ALSO:

White Ribbon Day: Govt Resumes Sexual Violence Trial Proceedings Work

Justice Minister Amy Adams has asked the Law Commission to resume work on proposals for better supporting victims of sexual violence through the criminal process. The Law Commission will revisit its previous work on alternative pre-trial and trial processes to identify options for improving complainants’ experience in court. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news