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

 

Cameron Partners and EY awarded council financing tender

Cameron Partners and EY awarded council financing tender

Today Auckland Council announced Cameron Partners and EY as the two independent advisory firms awarded the tender to review alternative sources of financing available to council.

On the 7th of May, the Budget Committee agreed to undertake a review of Auckland Council’s mix of financing resources. The broad objectives of the review are to reduce the proportion of council revenue funded from rates, to maximise the return on council’s investment, explore alternative sources of financing and review council assets.

Sue Tindal, Chief Financial Officer, says: “As Auckland Council faces the pressures associated with a rapidly growing city, such as the need for new infrastructure in growing communities, we need to ensure we are maximising all the financing sources available to us.

“After a thorough tender process, Cameron Partners and EY were found to be the most suitable. The selection criteria was based on experience balanced with cost effectiveness and experience working with local government. We are pleased to be working with such professional organisations and utilising their expertise.

“No decisions have been made on the council’s assets and the review will enable councillors to consider all options and make informed decisions as part of the 2016/17 Annual Plan process.”


ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On The Elusive Charms Of Christopher Luxon


Well, the first 36 hours of viewing the Christopher Luxon selfie were always going to be the best, before the repetitions set in. We get it, already. He’s an extroverted/big ego/high achieving/God fearing/country music lovin’/family man who is not at all averse to mansplaining to little ladies like RNZ’s Kathryn Ryan what “technical” words like “productivity” actually mean. But wait, there’s more. National is back! Mind you, that’s not the Bad National of recent experience, but the Good National of days gone by... More>>




 
 



Cancer Society: Hopes Final Pharmac Report Is Stronger

Today the delayed Interim Report was released by the Pharmac Review Panel. The performance of Pharmac and access to cancer drugs is a major concern for the Cancer Society... More>>


Defence: New Zealand Response To Assist Peace And Stability In Solomon Islands
The New Zealand government has announced that it will deploy Defence Force and Police personnel to Honiara to help restore peace and stability. “New Zealand is committed to its responsibilities and playing its part in upholding regional security,” Prime Minister Jacinda Ardern said.... More>>


Government: Delivers Reactivation Package As Aucklanders Reconnect For Summer
A new support package will help revive economic, social and cultural activities in our largest city over summer, and ensure those in hardship also get relief. The Social Development and Employment Minister Carmel Sepuloni and the Economic and Regional Development Minister Stuart Nash... More>>


National Party: Bridges Appointed Finance & Infrastructure Spokesperson

Hon Simon Bridges is the National Party’s new Finance and Infrastructure spokesperson, National Leader Christopher Luxon announced today. “Simon has prodigious skills, incredible talent and the intellectual heft needed to excel as National’s Finance spokesperson,” Mr Luxon says.... More>>

Waitangi National Trust: Waitangi Week
The Waitangi National Trust has decided there will be no in-person events at Waitangi Treaty Grounds during Waitangi Week 2022. Under the COVID-19 Protection Framework it would be practically impossible to safely proceed with the usual events of Waitangi commemorations... More>>


Freedom Camping: Making Sure People Are Up To Play With Changes
People interested in finding out how the proposed improvements to freedom camping might affect them are being invited to an information-sharing webinar... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels