Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Property industry supports overhaul of local government

MEDIA RELEASE

19.03.2012

Property industry supports overhaul of local government

Property Council New Zealand today applauded Local Government Minister Nick Smith’s announcement to reform local government and stem unnecessary spending by territorial authorities.

The chief executive of Property Council, Connal Townsend said the Minister’s recommendations were in line with those outlined in Property Council’s policy manifesto, Fast-Forward to Growth, which was released earlier this month.

“We have long been calling for a restraint on local government spending for the benefit of New Zealand ratepayers and small businesses,” Townsend said. “There is an absolute need to hold down the cost of local government, which has spiralled out of control in recent years. The Minister has heeded Property Council’s call and we look forward to the introduction of legislation starting in May this year.”

Property Council’s manifesto recommended changes to achieve efficiency in the implementation of local government infrastructure and development contributions, he said.

“We are especially looking forward to the Government’s review of the application of development contributions following the Auditor General’s report on council’s long term plans later this year.

“Since the introduction of the Local Government Act 2002, development contributions have been stretching the waistline of local government, in the form of an unfair first home buyer’s tax on thousands of young New Zealanders. It’s time for accountability, transparency and fiscal discipline in local government.

“Councils need to get back to a core operating focus. We support legislative reforms that require councils to provide good quality services at minimal cost to their communities, and it certainly appears that the Government’s blueprint for local government reform will go some way towards achieving this.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



Consumer NZ: Buy-now, Pay-later Raking In $10m+ In Late Fees Annually

A Consumer NZ survey has found buy-now, pay-later services are costing shoppers more than $10 million a year in late fees. Close to four out of 10 Kiwi consumers use buy-now, pay-later services, such as Afterpay, Laybuy and Zip... More>>

Westpac: Catherine Mcgrath Appointed New Zealand CEO

Westpac Group CEO Peter King and the Westpac New Zealand Board today announced the appointment of Catherine McGrath as Chief Executive Officer, Westpac New Zealand... More>>


Amazon: AWS To Open Data Centres In New Zealand

Today, Amazon Web Services (AWS), announced plans to open an infrastructure region in Aotearoa New Zealand in 2024. The new AWS Asia Pacific (Auckland) Region will consist of three Availability Zones (AZs) and join the existing 81 Availability Zones across 25 geographic AWS Regions at launch... More>>

ALSO:



Statistics: Surge In Imports Results In Record Monthly Trade Deficit
Imports increased $1.8 billion in August 2021 compared with August 2020, resulting in a record monthly trade deficit of $2.1 billion, Stats NZ said today. Exports were little changed, down $42 million. "This is a larger deficit than normal because of higher values for imports.. More>>

Fonterra: Completes reset, announces annual results and long-term growth plan out to 2030

Fonterra Co-operative Group Limited today announced a strong set of results for the 2021 financial year, reflected in a final Farmgate Milk Price of $7.54, normalised earnings per share of 34 cents and a final dividend of 15 cents... More>>


Statistics: GDP rises in the June 2021 quarter

Gross domestic product (GDP) rose by 2.8 percent in the June 2021 quarter, following a 1.4 percent increase in the March 2021 quarter, Stats NZ said today. June 2021 quarter GDP was 4.3 percent higher when compared with the December 2019 quarter... More>>