ARC head explains thinking behind rates system
Sunday 18 April 2004
ARC head Gwen Bull answers questions about the rate take
By The LandlordQ. What has the council done to show it has listened and acted on concerns over last year's transport rate?
A. In October and November we reviewed our transport rating policy and undertook a large consultation exercise. Almost 5000 people filled in our questionnaire and others wrote us letters and emails. We also reviewed all the feedback we received over the rating period. As a result, we developed the alternative transport rating method. We are now presenting this method as an option in our draft plan and asking people to tell us whether they want the new methods or want to stay with the status quo.
Q. Why should people support the status quo?
A. Staying with the status quo means almost all ratepayers will get an increase of about 3.2 per cent in their ARC rates bill. If we change the policy, some will experience large swings, up or down...
Read More - Opens in a new window
Commenting is closed
The SuperCity turned in its strongest housing sales performance in a July for five years last month, new data from Auckland’s biggest real estate agency reveals.
Stronger than anticipated demand from property buyers is helping to keep prices nationwide buoyant – and solidly up on last year - in the post-Covid housing market.
ASX-listed Centuria Capital has declared that its takeover of New Zealand property funds manager Augusta Capital is now unconditional, as it has secured nearly 66% of Augusta’s shares.
ANZ has become the latest bank to ease its servicing test criteria for borrowers, reflecting the lower interest rate environment.