Capital Letter: Georgina Campbell on Wellington's latest rating valuations

The latest rating valuations are out for Wellington - and its not good news for the value of almost every property in the city.  The average property has decreased in value by 24.4% since the last valuations in 2021 - but could it mean rates bills come down?  Also, Wellington City Council crown observer Lindsay McKenzie has given his first report to the Local Government Minister - what'd it say? NZ Herald Wellington issues reporter Georgina Campbell joined Nick Mills for the Capital Letter. LISTEN ABOVESee omnystudio.com/listener for privacy information.