Council debt
The Government's water reform policy may weaken LGFA’s financial stability and increase council borrowing costs, warns S&P
12th Aug 24, 3:11pm
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The Government's water reform policy may weaken LGFA’s financial stability and increase council borrowing costs, warns S&P
S&P Global Ratings sees debt drop for councils after Three Waters reforms
Auckland Council vote on whether to transfer waterfront property away from Council Controlled Organisation Panuku or face a weighty tax bill looms
18th May 19, 9:16am
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Auckland Council vote on whether to transfer waterfront property away from Council Controlled Organisation Panuku or face a weighty tax bill looms
Eden Park Trust secures $63.3 million dollar bail-out from Auckland Council
Latest financial update from Auckland Council forecasts its debt will be below its $9 billion target for this financial year
17th Mar 19, 8:25am
Latest financial update from Auckland Council forecasts its debt will be below its $9 billion target for this financial year
Auckland Council property swap plan puts waterfront assets at risk according to councillor Mike Lee
20th Feb 19, 8:11am
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Auckland Council property swap plan puts waterfront assets at risk according to councillor Mike Lee
Auditor General notes growing debts and rising costs at councils as they grapple with issues including population growth and climate change
16th Feb 19, 9:31am
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Auditor General notes growing debts and rising costs at councils as they grapple with issues including population growth and climate change
A decade after the Shand Inquiry, the Finance Minister has asked the Productivity Commission to take another look at local government spending
24th Jul 18, 1:31pm
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A decade after the Shand Inquiry, the Finance Minister has asked the Productivity Commission to take another look at local government spending
Opinion: Kaipara District Council's bid to join centralised borrowing authority raises the risk that Mangawhai becomes the Athens of the North
9th Sep 12, 10:05am
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Opinion: Kaipara District Council's bid to join centralised borrowing authority raises the risk that Mangawhai becomes the Athens of the North
ANZ and BNZ are the banks holding the bulk of the troubled Kaipara District Council's debt as ratepayers revolt
5th Sep 12, 4:15pm
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ANZ and BNZ are the banks holding the bulk of the troubled Kaipara District Council's debt as ratepayers revolt
The heavily indebted and disgraced Kaipara District Council raises fears over bailing out other councils as it strives to join the Local Government Funding Agency
4th Sep 12, 12:46pm
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The heavily indebted and disgraced Kaipara District Council raises fears over bailing out other councils as it strives to join the Local Government Funding Agency
Govt announces local council reform package in bid to keep rates rises down and council debt under control
19th Mar 12, 3:44pm
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Govt announces local council reform package in bid to keep rates rises down and council debt under control