Christchurch ratepayers saddled with 53 per cent rates increase over 10 years
The Christchurch City Council has signed off on a $10.6 billion "back to basics" budget that will increase rates bills by more than half in 10 years.
Ratepayers will also have to pay a special levy of about $6.52 a year for 10 years to cover the council's $10 million contribution to help reinstate the Christ Church Cathedral.
The council has described its long term plan (LTP) as "focusing on the basics" after it decided to spend an extra $48m on wastewater infrastructure, $25m to improve drinking water – including getting rid of the chlorine – and to prioritise improvements to roads and footpaths.
LIVE Q&A: Financial well-being with Cat Rikihana
Today (Wednesday) we're having another Neighbourly Q&A session. This time with Cat Rikihana who is a financial mentor, educator and financial capability practitioner at Financial Freedom Trust in the Manawatū.
Cat Rikihana (Ngai Tahu) like many financial mentors around Aotearoa, works with individuals, groups and whānau to successfully navigate financial stress and hardship. Mentors work alongside whānau to increase confidence and skills in personal money management and advocate with and for clients. Cat enjoys delivering online and face-to-face workshops which provide opportunities to normalise money conversations and encourages people to make time to consider their financial well-being.
Cat is also an independent financial well-being coach, educator and indigenous life coach at Restore Wellness Network. She is a published writer and currently in the process of writing her first non-fiction book: 'A financial self-care guide for women in Aotearoa.'
She'd love to answer any questions you may have around your budgeting and spending habits, strategies for saving, retirement planning and debt. (Don't be shy, but be mindful about what you disclose!)
↓ Share your questions now and Cat will reply to your comment below ↓
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The more you take away from me, the larger I become. What am I?
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