NZ Local Government Reform: Regional councils axed, CTBs proposed
The biggest reform of local government in more than 35 years is underway.
OPINION: The Taxpayers' Union has run the ruler over council rate increases and concluded, "Our councils are out of control".
They've revealed that the average for city and district councils is an eye-watering 14% hike this year on top of the 15% rate hikes at regional councils.
Special mention goes to West Coast, Wellington, Central Hawke's Bay and Gore for topping the 20% mark.
The union also found that at nearly every council, the proportion of spending going to roads, pipes, pumps, etc. has been reducing compared to that spent on staff payroll, back-office bureaucracy, etc.
Analysts agree non-tradeable inflation, driven in no small part by rates, is key to reducing inflation, yet it's hard to see any evidence of councils cutting fat and focusing on core services.
Keratin biomaterials company Keraplast and Wools of New Zealand have signed a new superpremium wool contract which is said to deliver a boost to wool growers.
While things are looking positive for the red meat sector in 2026, volatility in global trade remains a concern, says the Meat Industry Association (MIA).
The quest to find innovative practical, scientific solutions to deal with water-related issues at a catchment level has been the theme of an important conference at Massey University last week.
One of the country's top Māori farms faces a long and costly rebuild to get the property back to where it was before recent storms ripped through it.
The latest Global Dairy Trade auction results have delivered a boost to dairy farmers.
New Zealand potato growers are prioritising value creation from high yields to meet a complex mix of challenges and opportunities, says Potatoes NZ chief executive Kate Trufitt.