Want to create an interactive transcript for this episode?
Podcast: Canterbury Mornings with John MacDonald
Episode: John MacDonald: Christchurch City Council has to consider asset sales
Description: If you’re a Christchurch ratepayer, how do you fancy the idea of your rates going up by 70 percent over the next nine years? That’s what the city council is grappling with and it’s just been advised that it should think about selling off some of its assets - because a 70 percent increase just isn’t sustainable. That’s in a report that’s been done for the Council by an outfit called Northington Partners - which is an independent investment bank which gives advice to organisations like the council. Not that you nee...