16 Nov 2017

Auckland ratepayers could suffer the council's hefty valuations

From The Panel, 4:55 pm on 16 November 2017
Ratepayers will be uneasy about the council's hefty valuations

Ratepayers will be uneasy about the council's hefty valuations Photo: Pixabay

Auckland Council's head of rates, Debbie Acott, is saying an increase in property value doesn't necessarily mean a corresponding increase in rates.

The Panel discusses the possibility of a cruel turn of the tides if rates do rise while the real value of Auckland homes declines.

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