Property Management

Rates change snares extra 10,000 in council net

The Otago Regional Council is using a change in the law to get rates payments from another 10,000 property owners.

Thursday, February 05th 2004

Councillors acted yesterday at a meeting of the council's corporate committee to introduce a uniform annual general charge on 25 per cent of the general rate for the 2004-05 financial year.

Regional councils have not previously been able to levy a uniform annual general charge, unlike their territorial cousins, but were given the ability to do so in the new Local Government (Rating) Act 2002.

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 3.99
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.69
ICBC 4.69
ANZ Special 4.75
Kiwibank Special 4.75
ASB Bank 4.75
SBS Bank Special 4.75
TSB Special 4.75
Westpac Special 4.75
AIA - Go Home Loans 4.75
Wairarapa Building Society 4.59
ASB Bank 4.75
TSB Special 4.75
SBS Bank Special 4.75
ANZ Special 4.75
Westpac Special 4.75
AIA - Go Home Loans 4.75
Kainga Ora 4.75
Kiwibank Special 4.79
Nelson Building Society 4.87
BNZ - Std 4.89
SBS Bank Special 5.39
Westpac Special 5.39
ICBC 5.39
Co-operative Bank - Owner Occ 5.49
Kainga Ora 5.49
AIA - Go Home Loans 5.49
ASB Bank 5.49
TSB Special 5.49
BNZ - Classic 5.59
Kiwibank Special 5.59
BNZ - Std 5.59
SBS Construction lending for FHB 3.74
AIA - Back My Build 4.44
CFML 321 Loans 4.75
Co-operative Bank - Owner Occ 5.70
Co-operative Bank - Standard 5.70
Heartland Bank - Online 5.75
ICBC 6.09
Kiwibank - Offset 6.15
Kiwibank 6.15
ASB Bank 6.29
SBS Bank 6.29

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.