Rates Cap Flop! National's Masterclass In Being Useless
from Duncan Garner - Editor In Chief Hosted by rova
We knew the rates cap was coming, but no one expected the government to drag it out this long. On today’s episode, we dive into the plan to finally rein in council rate hikes… in 2029. That’s six years after National took office. People need relief right now, not in the next political lifetime. Duncan reckons it’s a great policy torpedoed by hopeless timing, and Jordan Williams from the Taxpayers’ Union joins us to break down why councils are already licking their chops. With spending up, payrolls swelling, and some councils proposing record increases, the delay effectively gives them three years to pump rates even higher. We also get into the government’s wider economic credibility, the slow-walked reforms, Nicola Willis’ spending story, and whether this National-led government is sleepwalking toward becoming a one-term wonder. Find out why Duncan says this delay is nothing short of a masterclass in political uselessness.
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