Public to get their say on changes to Wellington rates (opens original article in a new tab)

Wellington City Council will seek public input on proposed changes to its rates system, including reducing commercial rates differentials and transitioning to a Land Value Rating system, while limiting residential rate increases to 5.9%.

• Wellington City Council will consult public on rates system changes, including lowering commercial rates differential and shifting to Land Value Rating.
• Residential rates increase limited to 5.9% with $31.7m savings, but commercial rate cuts may raise residential rates by 5.6%.
• Debates over economic impact: some argue lower commercial rates could boost business growth, while others warn of increased residential burden and infrastructure funding risks.