Property Management

ARC votes to keep last year's rating system

The Auckland Regional Council proposes the same rating system this year as that which brought households increases as high as 657 per cent last year.

Sunday, April 18th 2004

But the outcry over last year's rates bills has created an opening for change - to a system that promises to ease the ratepayer's burden.

Councillors last month voted 7-5 to keep the present system, which indicates an average 3.2 per cent increase in rates for the region's 460,000 rateable properties.

But councillors face an election in six months and preference for the status quo will be severely tested by the time they meet late next month to approve the annual plan and strike the final rate for the year.

All councillors are happy that four rating system choices are put up for public comment as part of the draft annual plan consultation.

Property owners are invited to comment by May 3.

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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
Westpac Special 4.45
SBS Bank Special 4.49
BNZ - Std 4.49
Kiwibank Special 4.49
TSB Special 4.49
AIA - Go Home Loans 4.49
ANZ Special 4.49
ASB Bank 4.49
Co-operative Bank - Owner Occ 4.49
ICBC 4.59
Wairarapa Building Society 4.59
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
BNZ - Std 4.99
AIA - Go Home Loans 5.15
ASB Bank 5.15
Co-operative Bank - Owner Occ 5.19
ANZ 5.39
TSB Special 5.39
Kiwibank Special 5.39
Kainga Ora 5.49
SBS FirstHome Combo 3.44
AIA - Back My Build 3.54
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
Co-operative Bank - Owner Occ 5.30
Co-operative Bank - Standard 5.30
ICBC 5.39
Heartland Bank - Online 5.45
Kiwibank - Offset 5.80
Kiwibank 5.80
ANZ 5.89

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