Early Edition with Kate Hawkesby
Ryan Bridge: My thoughts on rates caps
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:02:28
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Sinopsis
A rates cap is one of those policies that immediately sounds appealing. Look no further than yesterday’s CPI number. It’s one of your top three inflation feeders. So, throw a cap on them. Tie their hands behind their backs. Reign 'em in! Get rid of the hundred-thousand-dollar bike rack here, the million-dollar disco toilets there, the coffee machines for staff over there. But in practice, how do actually make it work without starving these councils of revenue they actual need to fix the pipes? I spoke to Ben Bell from Gore yesterday. He said almost 90% of council spending there goes on basics - pipes and roads. The rest is "nice to haves". Libraries and swimming pools etc. There’s no club sandwiches as council meetings. They're drinking instant coffee. And yet, Gore’s rate increases have been double digit or close to it for several years. They’ll be close to double digits again this year. Despite that, the good people of Gore have re-elected Bell for a second term. So, we say we want l