Want to create an interactive transcript for this episode?
Podcast: Canterbury Mornings with John MacDonald
Episode: John MacDonald: Rates caps are a placebo policy
Description: You might recall a poll result that came out back in September which proved that 75 percent of us are idiots. It’s these idiots that the Government is pandering to with the council rates cap it announced yesterday. And the 75 percent of people who said in that poll that they support the Government forcing rates caps on councils will be very happy today. Because, from mid-2029, annual increases won’t be allowed to be any higher than 4 percent. Unless a council manages to get a special dispensation. As a ratepayer, a rates cap soun...