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19 Sep 2025 21:06
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  •   Home > News > Business

    A warning from a Government watchdog - for councils to manage their finances carefully

    A warning from a Government watchdog - for councils to manage their finances carefully

    17 September 2025
    Financial sustainability's a hot topic during this year's local elections, with some candidates running campaigns based on rates increases.

    A report on recent council audits shows local government face significant pressure.

    Auditor-General Grant Taylor says his office remains concerned about the viability of the local Government sector - as these are making it more difficult for councils to balance budgets.

    Total council debt's doubled since 2017 -- with five councils holding more than a billion dollars in debt.

    © 2025 Newstalk ZB, NZCity


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    The Breakers will be managing Karim Lopez's minutes in their Aussie basketball league season opener against Brisbane tonight in Auckland 18:37

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