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

 


Million dollar input to stimulate Rotorua businesses

News Release
Friday 28 March 2014


Million dollar input to stimulate Rotorua businesses

Rotorua is set to benefit with one million dollars being poured back into promoting business growth through the Rotorua District Council’s draft annual plan for 2014/15.

This stimulation will effectively reduce the current business differential rate from 2.1 to 1.9 and provide businesses with the opportunity for growth, which will prompt more local job opportunities and community wealth in the future.

Council is able to do this after making the decision to increase rates across the board by 3% and then applying $1 million back into the business differential which had been identified as a previous barrier to growth.

The draft annual plan has been significantly shaped against Council’s new financial framework that ensures long-term sustainable financial management and delivery of services. This approach to financial planning ensures rates rises, debt levels and capital works will be at sustainable levels and in balance.

Council has also made organisation efficiency gains through re-setting and tightening budgets which will save some $4 million this year and about the same in 2015.

Coupled with the decision to remove development contributions - which could assist new property developers to save about $15,000, moteliers looking to extend properties to save about $50,000 and major development some hundreds of thousands of dollars - Mayor Steve Chadwick believes the required environment for growth is being created.

“It is important we create an environment to promote business growth as this leads to employment opportunities and better social outcomes through family and community wealth, which is what we need in the city,” Mrs Chadwick said.

Mayor Chadwick believes the district is on the way to the future with the adoption of feedback on the Rotorua 2030 strategic direction, and the approval of the draft annual plan by councillors today [FRIDAY 8/14].

“This is becoming very real as we are now bringing life to our Rotorua 2030 vision and goals, and the 2016 priorities, on a daily basis through council decisions and actions,” Mrs Chadwick says.

“We have the vision in Rotorua 2030 and with some of the work and initiatives adopted in recent months, and with the draft annual plan now giving us further detail on the specifics, we are really starting to get things moving.”

Just short of six months after being elected, Council has committed to using the goals of Rotorua 2030 and 2016 priorities to shape policy and action for incentivising business growth, revitalising the inner city and neighbourhood renewals.

“We have signalled that we want to do things differently and many recent decisions are about protecting the value of our communities and promoting economic developments.”

Council is also in the process of working on other methods to encourage business to grow employment opportunities in Rotorua which will be revealed later in the year.

Work is also ongoing in investigating the opportunity for Council to work with inner city building owners on a scheme to incentivise required demolition of earthquake-prone buildings. The vacant land could then be leased back and used for revitalisation purposes. This would assist to encourage more people and activity through a vibrant city heart neighbourhood.

This week Council has also started discussions around Neighbourhood Renewal in the Fordlands area. There is a need for community-centred conversations and solutions to support and reinvigorate this neighbourhood. In partnership with community, this initiative is working towards building liveable and safe neighbourhoods.


Sidebar:

Rotorua Mayor Steve Chadwick is encouraging people to continue feeding into the district’s future.

“We want our communities to get involved and stay involved, because we want to get this absolutely right as we boldly challenge ourselves to follow a long-term direction for our city and district,” says Mrs Chadwick. “This is for all of us - ‘Tatou tatou - we together’ - and as elected officials we value and desire our communities’ input and ideas.”

The draft annual plan will be out for public consultation from April 2 with submissions closing on May 2. Copies of the draft annual plan can be inspected at RDC Civic Centre, and feedback forms can be picked up at the same time. The draft plan is also available in full online at rdc.govt.nz and online submissions can also be made from the website.

[ENDS]

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On The Team Behind Trump's Throne

Forget the Putin factor. Daily, the team of charlatans, bigots and stunningly ignorant crackpots that Trump is appointing to head key federal agencies is just as alarming. These are positions with vast power and budgetary discretion over policies that stand to affect tens of millions of vulnerable Americans. Sad! More>>

 

Gordon Campbell: On Bill English, Abroad

If David Cameron was the closest thing John Key had to a political mentor, their successors also share a whole lot in common. Theresa May and Bill English were both propelled into the top jobs as the result of unexpected resignations, and without much in the way of credible competition from their colleagues... More>>

ALSO:

Pike River: Labour Bill To Override Safety Act For Mine Entry

“Bill English has been hiding behind the legal excuse that any attempt to re-enter the mine to recover the bodies might place the mine’s owner, Solid Energy Limited, and its directors in breach of the Health and Safety at Work Act 2015." More>>

ALSO:

Gordon Campbell: On Populism And Labour 2017

For many people on the centre-left, populism is a dirty word, and a shorthand for the politics of bigotry. In this country, it has tended to be equated with the angry legions of New Zealand First. Who knew they were not just a reactionary spasm, but the wave of the future? More>>

Oxfam: 30% Of NZ Owns Less Wealth Than Our Two Richest Men

The research also reveals that the richest one per cent have 20 per cent of the wealth in New Zealand, while 90 per cent of the population owns less than half of the nation’s wealth. The research forms part of a global report released to coincide with this week’s annual meeting of political and business leaders at the World Economic Forum in Davos, Switzerland. More>>

ALSO:

Hospitals: Resident Doctors Set To Strike Again

Despite discussions between the DHBs and NZRDA over safer hours for resident doctors progressing during the last week, the strike planned for next week appears set to proceed. More>>

ALSO:

Not So Super Fund: More Burning Ethical Questions For Steven Joyce

Greens: Radio New Zealand reported this morning that the New Zealand Superfund has $77 million invested in 47 coal companies that the Norwegian Government’s Pension Fund – the largest sovereign fund in the world – has blacklisted. More>>

Activism: Greenpeace Intercepts World’s Biggest Seismic Oil Ship

Greenpeace crew have made contact with the world’s biggest seismic oil ship after travelling 50 nautical miles on two rigid-hulled inflatables off the coast of Wairarapa... Greenpeace radioed the master of the Amazon Warrior to deliver an open letter of protest signed by over 60,000 New Zealanders. More>>

ALSO:

Gordon Campbell: Why Tax Cuts In 2017 Would Be A (Proven) Bad Idea

Ever since the world fell prey to the mullahs of the free market in the 1980s, no amount of real world evidence has managed dispel one key tenet of their economic faith. Namely, the idea that if you cut income taxes and taxes on small business, a wave of individual enterprise and entrepreneurial energy will thus be unleashed, profits will rise and – hey bingo! – the tax cuts will soon be paying for themselves ... More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news