Aucklanders facing massive rates rises

The Herald reports:

Aucklanders are facing a financial horror show with sky-high rates and water bills pencilled in for next year.

Mayor Wayne Brown said the numbers are going to be nasty for ratepayers if councillors are not prepared to make cuts to services and sell assets.

Heading into a new 10-year budget next year, the starting point for rates is 13 per cent and a senior council source said water bills could rise by more than 20 per cent.

The Council should see the 10% it still holds of Auckland Airport and the Ports of Auckland.