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

 

Auckland Council Adopts Emergency Budget

Funding to retain key council services and deliver a $2.57 billion infrastructure programme to stimulate economic recovery, while adjusting to a severe fall in income, is at the heart of Auckland Council’s Emergency Budget, formally adopted today by the Governing Body.

The Budget responds to the significant economic impact of the COVID-19 pandemic and lockdown, as well as the severe water supply crisis the region is experiencing.

Auckland Mayor Phil Goff says, “Thanks to the collective effort of all Kiwis we have stopped the spread of the virus in our community. However, while potentially thousands of lives may have been saved, the impact of the pandemic will seriously hit jobs and our economy.

“Auckland Council is confronting a nearly half-billion income shortfall because of the pandemic and associated lockdown. On top of that, we have had to meet an additional unbudgeted capital investment of $224 million to bring forward water infrastructure projects to deal with the worst drought Auckland has ever experienced.

“Managing our finances responsibly is critical. With less money available, we have had to significantly cut expenditure and reduce staff numbers. Over a thousand jobs at council will be disestablished, non-essential spending has been slashed, and over $240 million worth of surplus properties and non-strategic assets will be sold to reduce debt. Our organisation has to become leaner and more adaptable.

“Despite this significant cut in spending, we will maintain the essential services Aucklanders need and value, in areas such as transport, waste and recycling services, parks and playgrounds, libraries and community facilities and other areas,” the mayor says.

“We have also strived to maintain investment in critical transport, housing and environmental infrastructure, resulting in expenditure of $2.57 billion this year, slightly lower than the pre-COVID-19 estimate but well above the average capital investment over five years of $1.6 billion.

“This investment will help stimulate employment and economic growth and address the backlog of projects needed to make up for the decades of underinvestment in our city.”

Chair of the Finance and Performance Committee, Councillor Desley Simpson, says that the Emergency Budget strikes a careful balance between prudent financial management and the need to protect key services and invest in the city’s future.

“We are maintaining a disciplined approach to our finances, managing debt prudently to protect our strong credit rating with international rating agencies, and ensure generational fairness.

“On top of this, we are doing everything we can to help ourselves by cutting non-essential expenditure, deferring capital projects where possible, finding $200 million of savings across the council family including $75 million of cuts to the council’s staffing budgets.”

“These measures help to balance spending to support the key services Aucklanders need and value, like our libraries, recycling services, transport concessions, road safety and local board-led community projects.”

“We will also continue to provide the infrastructure investment our city needs to ease transport and housing pressure, give certainty to the construction sector and support employment and economic recovery.”

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Pike River Recovery: Loader Driven By Russell Smith Recovered


A loader driven by former miner Russell Smith at the time of the Pike River Mine explosion has now been recovered from 1581m up the 2.3km drift access tunnel.
The recovery of the loader went smoothly and to plan. Pike River families were able to witness it being towed to a storage area, Chief Operations Officer Dinghy Pattinson says.
“We reached the loader at the end of last week, and then conducted a very deliberate and exacting forensic examination of the vehicle and operational zone... More>>

 

E-Cigarettes: Vaping Legislation Passes

Landmark legislation passed today puts New Zealand on track to saving thousands of lives and having a smokefree generation sooner rather than later, Associate Health Minister, Jenny Salesa says. The Smokefree Environments and Regulated Products (Vaping) ... More>>

ALSO:

Housing: Government Delivers On Rental Reforms Promise

The Government has delivered on its promise to New Zealanders to modernise tenancy laws with the passing of the Residential Tenancies Amendment (RTA) Bill 2020 today, says Associate Minister of Housing (Public Housing), Kris Faafoi. “The Residential ... More>>

ALSO:

National: $4 Billion Investment To End Wellington’s Congestion Woes

A National Government will invest another $4 billion in transport infrastructure across Wellington, igniting the economy and delivering the congestion-busting solutions the region has long been crying out for, National Party Leader Judith Collins says. ... More>>

ALSO:

Gordon Campbell: On The Virtues (and Fluffed Opportunities) Of The Operation Burnham Report

One unspoken rule of thumb in any official public inquiry is : whatever you do, don’t conclude you were made to listen to “a litany of lies” even if the evidence of a deliberate cover-up is right there under your nose. In that respect, the report ... More>>

ALSO:

Office Of The Speaker: Parliament Is Revamping Its Rules

Today, the Standing Orders Committee’s report on the review of Standing Orders was presented to the House. The Speaker of the House, the Rt Hon Trevor Mallard, chairs the committee. He said today that the 2020 review will make our rules more ... More>>

Your Vote 2020: Bringing Election Coverage To Viewers Across TVNZ Channels And Platforms

As New Zealand gets ready to head to the ballot box this September, 1 NEWS is bringing voters comprehensive coverage and analysis of this year’s General Election. TVNZ’s coverage will draw on the depth of experience held across the 1 NEWS team, says Graeme ... More>>

Economy: 30% Believe Households Worse Off, 298,000 Expect To Lose Jobs

64% of New Zealanders feel the economic position of their households is the same or better than a year ago – and 30% think it is worse or much worse, while 298,000 think they will lose their jobs in the next 12 months. Households’ perceptions ... More>>

State Services Commission: Findings Of Investigation Into COVID-19 Active Cases Privacy Breach

Deputy State Services Commissioner Helene Quilter has today announced the findings of an investigation into a breach of privacy regarding sensitive personal information. The investigation looked into who or what caused the disclosure of the information, ... More>>

International Security: New Zealand Suspends Extradition Treaty With Hong Kong

The New Zealand Government has suspended its extradition treaty with Hong Kong and made a number of other changes in light of China’s decision to pass a national security law for Hong Kong, Foreign Affairs Minister Winston Peters says. More>>

ALSO:

Energy: 100% Renewable Electricity Grid Explored With Pumped Storage ‘battery’

The Government is taking a significant step toward its goal for 100% renewable electricity generation in a move that could be a game changer for consumers and the creation of a low-emissions economy, Energy & Resources Minister Megan Woods said. ... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels