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

 

Myth busting Wellington City Council Rates

Myth busting Wellington City Council Rates

Property Council research into rating policies in New Zealand’s main cities paints a bleak picture for Wellington commercial property owners.

Mike Cole, Wellington Property Council Branch President, is astounded by the differences bought to light in the report. “It is unbelievable that Wellington City’s commercial rate payers are paying rates nearly 50% higher than their Auckland equivalents, and nearly 100% more than owners in Hamilton.”

“For a commercial property that’s valued at $2 million dollars, in Auckland that property would pay rates on average of $19,000, in Hamilton approximately $16,500 and $32,000 in Wellington. This cost differential is extravagant and absurd – it puts Wellington’s economic growth at a disadvantage compared to other New Zealand cities.”

Mr Cole thinks “the city’s and region’s councillors are simply politicking for short term gain at the detriment of the long term future of the city. Councils should be putting in place policies that enable Wellington to compete and grow, not milking ratepayers for everything they have got.”

“Counterintuitively, the rating burden is falling disproportionately on those who are helping the city to grow and become more prosperous.

“Despite commercial properties making up only 20% of the rateable property value, they pay over 46% of the total rates bill. Again this is much higher than in other New Zealand cities, putting Wellington at further disadvantage.”



Mr Cole stresses “we are not against paying our fair share of rates. What we need is for our rates to be put to proper use and to ensure Wellington is attractive to outside businesses.”

“We need a vibrant commercial property industry in Wellington to help drive economic and social prosperity for the city. We want jobs growth for our residents.

“There needs to be an objective and robust facts based debate on how essential services and infrastructure is funded in Wellington. For example, the Regional Council has consistently failed to provide a logical reasoning as to why commercial property owners are paying ten more in targeted rates than residential ratepayers who use the public transport system.

“Wellington City Council and Greater Wellington Regional Council must come to the party with stakeholders to develop a positive and transparent vision as to how essential services, infrastructure and economic growth projects are funded in the future”.

“With the local body elections in October, Property Council calls on candidates and voters to support rates and economic growth policies that make Wellington an attractive business destination so we can continue to grow and prosper.”

END.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK


RBNZ Act Review: Govt Plans Deposit Guarantee Scheme

The Coalition Government today announced moves to make New Zealand’s banking system safer for customers through a new deposit protection regime, and work to strengthen accountability for banks’ actions.

The in-principle decisions are part of Phase 2 of the Review of the Reserve Bank Act, which is making sure the 30-year old laws regulating our banking system are up to scratch. More>>

ALSO:

 
 

Stats NZ: Gender Inclusive Questions Introduced

More than 28,000 New Zealand households will be asked to take part in the upcoming Household Economic Survey. Starting this year, the survey will ask people to describe their gender – whether that is male, female, or if they see themselves another way, such as one of many non-binary genders. More>>

New Report: Are We Listening To Children?

A report released today is a sharp reminder that what children and young people say makes a difference, and that it’s time we paid more attention to their views, says Children’s Commissioner Andrew Becroft. More>>

ALSO:

The Nation: Canadian Euthanasia Practitioner Stefanie Green

The euthanasia debate is progressing, with the End of Life Choice Bill expected to have its second reading in Parliament on Wednesday. A similar bill was passed in Canada in 2016 ... More>>

ALSO:

Gordon Campbell: On The Gun Buy-Back Scheme

Do gun amnesties and buy-backs save lives? Since it’s always difficult to exclude all of the socio-economic factors that may be operating in parallel, the die-hard denialists in the gun lobby will always be able to find a bit of wiggle room. More>>

ALSO:

Gordon Campbell: On The New Op Burnham Revelations

Eight centuries ago at Beziers in France, the papal soldiers besieging the town faced much the same problem as the New Zealand troops engaged in Operation Burnham – namely, how to how to tell the difference among the town’s inhabitants as to which were Cathar heretics, and which were true Catholics... More>>

ALSO:

World Refugee Day: Former Refugees Say Policy Must Change

This year, 1000 refugees will be able to resettle here in New Zealand - but there are restrictions on where those people can come from. More>>

ALSO:

The Lobbyist Staffer: PM Defends Handling Of Conflicts Of Interest

Prime Minister Jacinda Ardern says she's comfortable with the way her interim chief of staff's conflicts of interest were managed. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels