Auckland Council made a number of important decisions this week – its annual budget & development contributions policy at the top of the list.
20 years after a Whangaparaoa Peninsula section was acquired for widening of the peninsula’s main road, nearly 3 years after the Auckland Transport board determined it was no longer needed for that purpose and 2 years after the rationalisation process began, an Auckland Council committee will determine on Tuesday whether the site will be sold.
The Government released the terms of reference yesterday for a Productivity Commission inquiry into local government Funding & financing arrangements, and Infrastructure NZ said they’d constrain an objective assessment of all options.
Finance Minister Grant Robertson outlined yesterday how the Government intended to revert to the 2002 version of wealth as a target for the nation – wellbeing, instead of gross domestic product.
Finance Minister Grant Robertson said yesterday the Productivity Commission would hold an inquiry into local government funding & financing.
Auckland Council’s offer of $200 million of 5-year unsubordinated fixed-rate vanilla corporate green bonds opened last Monday and closed fully subscribed on Thursday.