The leader of the country's local government association says there's global evidence a rates caps can have detrimental effects. 

The Government's mulling a cap as part of its wider reform to refocus local government. 

Sam Broughton —Mayor of Selwyn District Council and Local Government NZ President— says if core infrastructure like water and transport aren't included in a cap, it can lift a council's borrowing costs. 

He told Mike Hosking Australia is seeing the negatives: New South Wales has a cap, and has seen higher rates increase than those states without one. 

LISTEN ABOVE 

The leader of the country's local government association says there's global evidence a rates caps can have detrimental effects.&nbsp;
The Government's mulling a cap as part of its wider reform to refocus local government.&nbsp;
Sam Broughton —Mayor of Selwyn District Council and Local Government NZ President— says if core infrastructure like water and transport aren't included in a cap, it can lift a council's borrowing costs.&nbsp;
He told Mike Hosking Australia is seeing the negatives: New South Wales has a cap, and has seen higher rates increase than those states without one.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Sam Broughton: Local Government NZ on the possibility of a rates cap for local governments

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5a1d5cf9-1bd3-4688-9df4-b30501588f53/transcript