The Local Government Funding Authority has allowed "high-growth" councils to borrow more. 

The move is in hopes that councils will be able to deliver projects more efficiently.

Auckland, Tauranga, and Hamilton are just a few of the councils thought to be eligible for the increase. 

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The Local Government Funding Authority has allowed "high-growth" councils to borrow more.&nbsp;
The move is in hopes that councils will be able to deliver projects more efficiently.
Auckland, Tauranga, and Hamilton are just a few of the councils thought to be eligible for the increase.&nbsp;
LISTEN ABOVE

Newstalk ZB serves up what you need to know, on all things politics at home, and abroad. The show reviews, previews, analyses and challenges the biggest political issues of the week, with all the big players.

Politics Central

Mahe Drysdale: LGFA increases borrowing capacity for select councils

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1190147e-d3f9-41de-b50c-b232002d86f8/transcript

New Zealand has just over 50 days worth of petrol, and a week less of diesel, while the war in Iran wages on. 

The closure of the Strait of Hormuz continues to impact the global oil supply, and the countries we generally import oil from are considering closing up shop on exports to ensure their own security.

LISTEN ABOVE

New Zealand has just over 50 days worth of petrol, and a week less of diesel, while the war in Iran wages on.&nbsp;
The closure of the Strait of Hormuz continues to impact the global oil supply, and the countries we generally import oil from are considering closing up shop on exports to ensure their own security.
LISTEN ABOVE

Kelly Eckhold: We have to look at the fuel situation "day by day"

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a60663ec-97f4-40cf-b42b-b40e003c100a/transcript

Prices are up at the pump, auto shops are selling out of jerry cans, and we've seen the reports of thousand litre IBC tanks being filled up at BP. 

It's raised the question around whether the closure of Marsden Point has been more harmful to New Zealand's fuel security that we had initially realised. 

New Zealand would still be reliant on imports to meet fuel needs, but having the ability to import crude oil rather than just refined oil would likely lift the pressure.

LISTEN ABOVE

Prices are up at the pump, auto shops are selling out of jerry cans, and we've seen the reports of thousand litre IBC tanks being filled up at BP.&nbsp;
It's raised the question around whether the closure of Marsden Point has been more harmful to New Zealand's fuel security that we had initially realised.&nbsp;
New Zealand would still be reliant on imports to meet fuel needs, but having the ability to import crude oil rather than just refined oil would likely lift the pressure.
LISTEN ABOVE

Shane Jones: ComCom "need to get to the bottom" of Gull fuel shortage

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/542eb652-ef7d-4f45-b5d2-b40e0034eb22/transcript

The Prime Minister's leadership within his own party is being questioned after he didn't fare well in a Taxpayers' Union poll this week. 

It has National down 2.9 points to 28.4% - but most notably, it suggests that the centre-left bloc could form a government in November. It'll be very tight though, with 61 seats for the left and 59 for the right. 

Luxon sits at 21% for preferred prime minister, while Hipkins is at 22.7%. 

LISTEN ABOVE

The Prime Minister's leadership within his own party is being questioned after he didn't fare well in a Taxpayers' Union poll this week.&nbsp;
It has National down 2.9 points to 28.4% - but most notably, it suggests that the centre-left bloc could form a government in November. It'll be very tight though, with 61 seats for the left and 59 for the right.&nbsp;
Luxon sits at 21% for preferred prime minister, while Hipkins is at 22.7%.&nbsp;
LISTEN ABOVE

Clint Smith: Polls aren't as important as you'd think (1)

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d5be5c12-0b6b-4e1b-881a-b407002e99a3/transcript

Mahe Drysdale: LGFA increases borrowing capacity for select councils

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