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

 

Another new Stadium not needed in Auckland.


MEDIA RELEASE

Waterfront Stadium huge threat to ratepayer.

Additional Council bureaucracy needed to collect new taxes.

Another new Stadium not needed in Auckland.

Speaking to the ‘No Waterfront Stadium’ meeting at the Aotea Centre this afternoon, David Thornton, organiser of the NoMoreRates campaign, warned the audience of several hundred that the Waterfront Stadium posed a huge threat to ratepayers.

Mr Thornton told the meeting, organised by Rodney Hide and Keith Locke, that

“Government’s proposals for funding the construction of the new stadium shows $169 million will be raised by sponsorship/corporate sales, ASB Trust grants, NZ Rugby Union contribution, and special lotteries. On top of that Auckland City Council has already agreed to give $50 million funded by ratepayers.

“If the total cost – including compensation to Ports of Auckland - is $700 million, this leaves a funding requirement of $481 million.

“The government has said it will contribute half of the balance required to build the stadium.

“The remaining half of this residual cost is to be paid by local councils – who would be given powers to levy bed taxes and an airport departure tax.

“The government says, by levying these new taxes, councils would not need to use rates for their share of the Stadium development costs.

“The important thing to be aware of is that the government is in fact putting the responsibility for that half of the funding requirement straight on to councils - which means that ratepayers become in effect the guarantor for that half share of the balance of costs.

“Councils would need to set up a whole new bureaucracy to collect the proposed new taxes – which could lead to high collection costs, and less than expected income.

“In any event the tourist industry is totally opposed to these proposed taxes.

“If the taxes are not introduced – or produce lower than expected income – ratepayers will be forced to meet the shortfall”.

David Thornton told his audience that another new stadium in Auckland was not needed, and that the existing publicly-owned stadiums in the region were already competing with one another – at cost to the ratepayer.

Ends.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Whether We Should Be Betting Quite So Heavily On Astra Zeneca’s Covid Vaccine

According to this week’s Speech from the Throne, maintaining public safety during the pandemic will remain the government’s top priority. Next year will (hopefully) bring the rolling out of a free vaccination against Covid-19 to New Zealander. Currently, there are three possible vaccine contenders but the effectiveness of the vaccine will be only one of the factors determining which vaccine will pre-dominate. On the basis of the cost per dose, and the ease of manufacture, storage and distribution, the Astra Zeneca/Oxford University vaccine will almost certainly be the prime choice for New Zealand, at least initially... More>>

 

New Zealand Government: Speech From The Throne

It is my privilege to exercise the prerogative of Her Majesty the Queen and open the 53rd Parliament.
In the October election, New Zealanders elected a majority Government for the first time under our Mixed Member Proportional electoral system... More>>

Grant Robertson: Government To Review Housing Settings

New Zealand’s stronger-than-expected economic performance has flowed through to housing demand, so the Government will review housing settings to improve access to the market, the Finance Minister Grant Robertson announced today. “Our focus More>>

ALSO:

Law Commission: Recommends New DNA Laws For Criminal Investigations

Te Aka Matua o te Ture | Law Commission today released a report that recommends a new, comprehensive regime to control how DNA is obtained, used and retained for criminal investigations. The report has revealed significant gaps in the operation ... More>>

ALSO:


New Zealand Government: To Declare A Climate Emergency

The Government will declare a climate emergency next week, Climate Change Minister James Shaw said today. “We are in the midst of a climate crisis that will impact on nearly every aspect of our lives and the type of planet our children will inherit ... More>>

ALSO:

Economy: Crown Accounts Reflect Govt’s Careful Economic Management

The better-than-expected Crown accounts released today show the Government’s careful management of the COVID-19 health crisis was the right approach to support the economy. As expected, the Crown accounts for the year to June 2020 show the operating balance ... More>>

ALSO:

Green Party: Announce Portfolio Reshuffle With Talented And Energised Caucus Team

“The Green Party caucus offers a breadth of talent and energy to the Parliament this term. In ten MPs you have a small business owner, a human rights lawyer, an academic, a climate negotiator, a transport planner, and so much more”, Green Party ... More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels