Zero rates plan scrapped as Christchurch council struggles to contain coronavirus fallout
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.
$100 Briscoes winners
Congrats to our winners of the $100 Briscoes vouchers:
Miriam Comans from Hataitai
Tash Rawlinson from Beach Haven
Blair Mayston from Maryhill
David Tomlinson from Tauranga
If you're a winner, get in touch here before 20th November.
Not a winner this week? There's always next week!
Today's Riddle: Guaranteed Brain Stretch!
What bird is the strongest of them all?
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Paint it orange with Resene for Arthritis NZ!
Buy any orange Resene testpot 60 ml at your local Resene owned ColorShop in November and Resene will donate $1 to Arthritis NZ!
The more orange testpots you buy, the more will be donated.
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