Property Management

4% rate increase tipped

A rate rise of about 4 per cent is tipped for Christchurch residents this year.

Wednesday, March 03rd 2004

Initial fears that rates might increase by more than double the projected 3.6% have dissipated as the Christchurch City Council moves through its annual plan process.

Annual plan sub-committee chairman Alister James told The Press yesterday that he was happy with efforts to keep rates down.

Although the budget process was far from being completed James said the increase would not be "too far off" the 3.6% predicted last year.

"I am quite pleased with the way it's developing," James said.

"There are some fairly big projects which we are looking at and so there certainly is an increase in costs."

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Unity First Home Buyer special 4.15
SBS FirstHome Combo 4.29
ICBC 4.49
Kainga Ora 4.59
SBS Bank Special 4.69
Co-operative Bank - First Home Special 4.74
AIA - Go Home Loans 4.75
Unity Special 4.80
Co-operative Bank - Owner Occ 4.84
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Kainga Ora 4.95
China Construction Bank 4.95
ICBC 4.99
AIA - Go Home Loans 5.25
Unity Special 5.29
Co-operative Bank - First Home Special 5.29
SBS Bank Special 5.29
Co-operative Bank - Owner Occ 5.39
Kiwibank Special 5.39
ASB Bank 5.45
Westpac Special 5.45
SBS Bank Special 5.49
BNZ - Std 5.49
Westpac Special 5.49
ASB Bank 5.59
AIA - Go Home Loans 5.59
ICBC 5.65
Kiwibank Special 5.69
Kainga Ora 5.69
Co-operative Bank - First Home Special 5.89
Co-operative Bank - Owner Occ 5.99
TSB Special 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.20
Co-operative Bank - Standard 5.34
Co-operative Bank - Owner Occ 5.34
ICBC 5.39
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