FEDtalks

Long Term Plan season is upon us…

Episode Summary

New Zealand has 78 district, city, and regional councils, and yet they still use a rating system over 300 years old! And each of them has begun consultations on Long Term Plans setting out proposed rates increases for the coming year and beyond.  Expect cries of pain, Join our experts... Today on Fedtalks we speak with Nick Clark and Nigel billings

Episode Notes

Long Term Plan season is upon us…

New Zealand has 78 district, city, and regional councils. And each of them has begun consultations on Long Term Plans setting out proposed rates increases for the coming year and beyond.  Expect cries of pain.

The high cost of council rates on farmland has always been a problem and it is a problem that seems to be forever growing. 

General rates on farms can vary greatly depending on individual councils’ funding and rating systems. But a Federated Farmers survey two years ago showed that for the 2018/19 year a typical farmer paid around $16,000 to district councils and around $4,000 to regional councils.