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Politics
4 mins to read
3

Government’s water reforms will not improve council debt

S&P says councils are told to do more infrastructure spending but get less support.

Councils are continuing to wrestle with how to pay for infrastructure.

Brent Edwards Fri, 02 May 2025

International Ratings Agency S&P has reassured local councils who got a ratings downgrade earlier in the year that they were doing nothing wrong.

S&P director Anthony Walker told a Local Government New Zealand conference in Wellington yesterday that part of the reason for the downgrade was because

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Brent Edwards Fri, 02 May 2025
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
infrastructure funding financing local councils Local Government NZ Infrastructure Commission Treasury Simplicity Government Peter Nunns Sam Stubbs Anthony Walker

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Government’s water reforms will not improve council debt
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