WRC has 20% rates increases and they want to buy some shares also!

The Post reports:

Local Government Minister Simeon Brown has delivered a slap-down to Wellington’s regional council as it weighs up buying the city council’s shares in the capital’s airport.

The Post revealed on Thursday that regional councillors had met behind closed doors to discuss options to retain public ownership of Wellington City Council’s 34% stake in the asset.

Do they not think 20% rates increases are enough? Do they want them even higher?