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Podcast: Canterbury Mornings with John MacDonald
Episode: John MacDonald: Rate caps won't make a difference
Description: Hats off to the Christchurch City Council. Which is telling the Government today that its idea of forcing a cap on council rates increases is “unrealistic and unworkable”. Which is a polite way of saying “rates caps are a daft idea, so just drop it right now”. And that’s what I think too. I’ve always thought it’s a daft idea to force local councils around the country to increase rates by no more than 2 to 4 percent each year. It sounds brilliant, but it’s never going to work. The Christchurch...