Capital city rejects Castalia report on its finances
Council says the report is based on outdated information and questionable assumptions.
Wellington's CBD.
Brent Edwards
Wed, 25 Oct 2023
Consultancy group Castalia estimates the Wellington City Council faces a $1 billion hole in its long-term plan and that it risks breaching its own and the Local Government Funding Authority’s debt covenants.
But the council disputes Castalia’s numbers, saying they are based on assumptions and
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Brent Edwards
Wed, 25 Oct 2023
Contact the Writer: brent@nbr.co.nz
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