An assurance a rates cap on councils is worth the trouble despite the average amount households would save only being $34 a year. 

The Government's move will restrict council rate hikes to no more than 4%, excluding water charges, and is expected to come into force in 2029. 

Councils would be expected to prepare for it from next July. 

Local Government Minister Simon Watts told Mike Hosking no one lives in a suburb called "average". 

He says in Waitaki they're facing a 17% rates increase, which is $600 extra on a $3,500 bill. 

LISTEN ABOVE  

An assurance a rates cap on councils is worth the trouble despite the average amount households would save only being $34 a year.&nbsp;
The Government's move will restrict council rate hikes to no more than 4%, excluding water charges, and is expected to come into force in 2029.&nbsp;
Councils would be expected to prepare for it from next July.&nbsp;
Local Government Minister Simon Watts told Mike Hosking no one lives in a suburb called "average".&nbsp;
He says in Waitaki they're facing a 17% rates increase, which is $600 extra on a $3,500 bill.&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,...

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Simon Watts: Local Government Minister on the Government introducing council rate caps of 4%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/deb58a2e-1e9a-4971-98d2-b4b1014d2fff/transcript