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Business Scoop » Greater Wellington Councillors Call On Wellington Airport To Support Region s Climate Goals In Future Expansion Plans

Press Release – Greater Wellington Regional Council Speaking to their submission on Wellington International Airport Ltds expansion proposal, Councillors Thomas Nash and Roger Blakeley are calling on the airport to support Wellingtons climate goals and include public and active transport in any … Speaking to their submission on Wellington International Airport Ltd’s expansion proposal, Councillors Thomas Nash and Roger Blakeley are calling on the airport to support Wellington’s climate goals and include public and active transport in any plans it makes for the future. Roger Blakeley, chair of Greater Wellington’s Transport Committee said “Shifting to bus and train travel reduces our emissions as a region and as a city and it’s critical that we build public transport into all our plans for infrastructure and development, including at the airport.”

Wellington s whopping 14pc rates rise; $2 7b for water woes

Wellington s whopping 14pc rates rise; $2.7b for water woes Aro Street was flooded following a recent pipe explosion. Photo / NZ Herald Wellington s whopping 14pc rates rise; $2.7b for water woes Thu, 11 Feb 2021, 3:36PM Wellington s mayor is introducing the most challenging budget he s ever seen, with the proposition of a 14 per cent rates increase for the city. The capital is facing a myriad of cost pressures including ageing water pipes, insurance hikes, seismic issues, transport plans, and its social housing portfolio. They come on top of the economic fallout from the Covid-19 pandemic. But arguably one of the most high profile and pressing issues is the city s water woes.

Wellington scoop co nz » WCC s good credit rating continues; financial challenges ahead

News from WCC Ratings agency Standard & Poor’s says the Wellington City Council is “successfully addressing the COVID-19 shock” – and it has affirmed the Council’s AA/A-1+ credit rating. In its annual review of the Council’s creditworthiness, S&P says the Council is expected to incur large deficits over the next few years as it increases capital expenditure while COVID-19 drags on council revenue growth – but that its financial outlook is positive. It says debt will increase, but not materially weaken, the Council’s balance sheet. Mayor Andy Foster, in welcoming the AA/A-1+ credit, says the Council’s finances are in good hands.

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