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

Housing prices ready to cool as immigration slows

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.35
TSB Special	4.39
Co-operative Bank - Owner Occ	4.45
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49

ASB Bank	4.49
TSB Special	4.49
AIA - Go Home Loans	4.49
SBS Bank Special	4.49
Kainga Ora	4.49
BNZ - Std	4.49
Kiwibank Special	4.49
Wairarapa Building Society	4.59
Nelson Building Society	4.59
ICBC	4.59
Unity Special	4.65

ICBC	4.99
BNZ - Std	4.99
SBS Bank Special	4.99
Kainga Ora	5.15
ASB Bank	5.15
AIA - Go Home Loans	5.15
Westpac Special	5.29
TSB Special	5.39
Kiwibank Special	5.39
Co-operative Bank - Owner Occ	5.49
BNZ - Classic	5.59

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank	5.65
ANZ	5.69

Property Management

Rates change snares extra 10,000 in council net

Next Article

Most Read

Top Mortgage Rates

More Stories

Buyers sitting on the sidelines in best time to buy in a decade

Differing views on 50-year mortgage

Houses selling at a loss hit a 12 year high

OCR Preview: How far is far enough for the RBNZ?