13 Nov 2018

Residents expected to pay extra for new infrastructure

From The Panel, 4:10 pm on 13 November 2018

People buying homes in a new subdivision north of Auckland will pay extra on top of their rates to fund infrastructure for the development. NZIER Principal Economist and Head of Auckland Business Peter Wilson addresses the issue which has arisen because of the Auckland council reaching its debt ceiling and being unable to pay for the roads and water network.