Keep up with
Newstalk ZB
By: Alexia Russell | Latest Auckland News | Friday August 17 2012 16:39
|
The Auckland Council hasn't done its homework on rate rises and should have expected the type of resistance it's getting now. That from the Chamber of Commerce head Michael Barnett. He says as well as the 6000 residential ratepayers who've been caught with hikes of up to 60 percent because they've improved their properties, businesses are being stung. Mr Barnett says the council promised a rise of three and a half percent, which in tight economic times was reasonable. "What we're seeing so far is that about 40 percent of those that we surveyed, about 600 companies, are facing increases of more than 10 percent and a further 10 percent are facing increases beyond 25 percent." Photo: NZ Herald |
Related Subjects
rates |
Tuesday, May 21, 2013