Wellington City Council is being called on to review its rating system over fears increased rates are driving businesses out of the capital.

Newly released figures show Wellington’s average commercial rates bill is $47,881. That compares to $20,716 in Auckland, $18,059 in Christchurch, $24,768 in Hamilton, and $25,670 in Tauranga.

Director of The Wellington Company, Ian Cassels, says there's a lot of overspending going on - with 'eye-watering' levies impacting businesses.

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Wellington City Council is being called on to review its rating system over fears increased rates are driving businesses out of the capital.
Newly released figures show Wellington’s average commercial rates bill is $47,881. That compares to $20,716 in Auckland, $18,059 in Christchurch, $24,768 in Hamilton, and $25,670 in Tauranga.
Director of The Wellington Company, Ian Cassels, says there's a lot of overspending going on - with 'eye-watering' levies impacting businesses.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Ian Cassels: Director of The Wellington Company on the impact of increased rates on businesses

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f5a41e88-7972-402a-8c1e-b2f700810463/transcript