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 6.55
SBS FirstHome Combo 6.74
TSB Special 6.74
Heartland Bank - Online 6.89
Co-operative Bank - First Home Special 6.94
Wairarapa Building Society 6.95
Unity 6.99
ICBC 7.05
China Construction Bank 7.09
ASB Bank 7.14
ANZ Special 7.14
Unity First Home Buyer special 6.45
TSB Special 6.49
Heartland Bank - Online 6.55
SBS Bank Special 6.69
Westpac Special 6.75
China Construction Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
ASB Bank 6.75
Unity 6.79
Co-operative Bank - Owner Occ 6.79
SBS Bank Special 6.19
TSB Special 6.29
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
BNZ - Classic 6.55
Kiwibank Special 6.55
Co-operative Bank - Owner Occ 6.55
SBS Bank 6.79
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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