36 days ago

Zero rates plan scrapped as Christchurch council struggles to contain coronavirus fallout

Nicole Mathewson Reporter from The Press

Residents in Christchurch face a rates increase of between 3.5 and 5.5 per cent next year to plug a $90 million hole in the city council’s purse left largely by the coronavirus pandemic.

Hopes for a much-vaunted lowering of the increase to zero have been dashed, with staff warning the policy would cause “unprecedented” redundancies, jeopardise projects and flout direct advice from the Government.

The authority also faces borrowing more than $100m over the next two years to pay for its coronavirus response and make up for an expected $61.8m in lost dividends from the trading companies it owns.

Read more here.

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More messages from your neighbours
7 days ago

Show us your winter snaps!

The Team from Neighbourly.co.nz

Hi Canterbury! The days are getting colder and the Neighbourly Snaps campaign is turning up the heat in your region. Show the rest of your neighbours the wintery scenes around your pad or your region. What's your idea of a wintery scene? Post your photo in the comments below ⬇️⬇️

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1 day ago

South Island petrol prices plummet

Anna Williams Reporter from The Press

Christchurch is leading the country in petrol price falls – but the AA is asking why it didn't happen sooner.

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7 hours ago

July savings, not to be missed!

Katrina from Unichem Burwood Hospital Pharmacy

Buy 2 get 1 Free across the Go Healthy range, Buy 2 Get 1 Free across Nutra-life and Antipodes ranges, buy Nutra-Life Vitamin C 1200mg 50s for only 10 with any purchase of Codral 24s or 48s and Lipo-Sachets buy 2 for $90! Limited time offer expires Sunday 19 July 2020. This offer is available online or in store.