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Targeted rates proposed for housing developments

Tuesday 29th of November 2016

In a bid to boost the city’s revenue, while keeping a cap on rate increases and funding much-needed infrastructure growth, Auckland mayor Phil Goff has issued a set of proposals for consultation.

Goff’s proposals include the introduction of a targeted rate for new large-scale developments, along with a visitor levy and a regional fuel tax.

“Ratepayers have shouldered the responsibility for the growth of our city and cannot be expected to continue to do that on their own,” he said.

“This proposal shares that responsibility more fairly across all of those who benefit from living and doing business in our city.”

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