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Ratepayers underpin vested interests’ development ambitions

Chris Hutching for NBR NZ Property Investor
Thu, 15 May 2014

The Taxpayers’ Union says councils around the country are not telling ratepayers about the cost of capital that ratepayers are underwriting for local authority subsidiaries.

Jordan Williams brought up the issue in relation to Greater Wellington Regional Council and losses arising from its

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Chris Hutching for NBR NZ Property Investor
Thu, 15 May 2014
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Ratepayers underpin vested interests’ development ambitions
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