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Finance

Auckland Council confirms sale of Auckland International Airport shares
Auckland Council has confirmed the sale (partial sell-down) of Auckland International Airport Limited (AIAL) shares, as signalled in its Annual Budget 2023/2024.

Auckland Council committee achieves its $5 million savings target for the year
Auckland Council’s Revenue, Expenditure and Value Committee has hit its $5 million savings target for the 2023/2024 financial year.

Rating serviced apartments fairly
Part of our role at Auckland Council is to ensure everyone pays their fair share of rates. We want to make sure the funding of our services is shared fairly, and we have a rating policy in place for this.

What are Auckland Council rates spent on?
Rates are an essential part of the funding that allows Auckland Council to maintain a vibrant and sustainable Tāmaki Makaurau. It’s how we fund the services and facilities that matter and helps creates a city where all Aucklanders can thrive.

Rates relief to support Aucklanders in need
Auckland Council decided on 27 July to support residents in need with 100 per cent rates relief for uninhabited storm damaged homes, following severe weather events in the first half of 2023.

Auckland Council announces more rates relief for uninhabitable storm-damaged properties
Auckland Council’s Governing Body has approved rates relief for the 2023/2024 and 2024/2025 rating years for Tāmaki Makaurau properties that are uninhabitable due to storm events and severe weather events in the first half of 2023.
Auckland Council appoints advisor for airport shares sale
Auckland Council has appointed UBS New Zealand Limited as financial advisor, on the initial stage of the sell-down of airport shares.

Auckland Council adopts final budget for 2023/2024
Auckland Council has adopted its final Annual Budget 2023/2024, to take effect from 1 July 2023.

Rates relief granted to uninhabitable Auckland properties
Auckland Council has today paid out around $1.3 million in rates relief to properties left uninhabitable as a result of the flood and cyclone events.

Auckland Council welcomes APTR decision
Auckland Council has welcomed the Supreme Court’s decision regarding a judicial review of the council’s 2017 and 2018 decisions to introduce an Accommodation Provider Targeted Rate (APTR).

Economic pressures and storm response deepen budget challenges for Auckland Council
Responding to Auckland’s recent severe weather events, along with rising inflation-related costs, has heightened the challenges in balancing Auckland Council’s budget for the coming financial year.

We heard you, Auckland – your feedback on our Annual Budget
More than 40,000 Aucklanders had their say on Auckland Council’s proposed Annual Budget 2023/2024, the largest amount of feedback received for any public consultation by the council.

Consultation receives highest number of submissions ever
Auckland Council’s Annual Budget 2023/2024 consultation has received a record-breaking 41,146 submissions, soaring past the previous 34,915 submissions for the Emergency Budget 2020/2021.

Auckland Council to adopt new Development Contributions policy
Auckland Council’s Governing Body has agreed to adopt an amended development contributions policy from 1 June 2023.

Annual Budget 2023/2024 receives record breaking number of online submissions
Auckland Council’s Annual Budget 2023/2024 consultation has closed with a total of 28,850 online submissions.

One week left to have your say on the council's Annual Budget 2023/2024
With only one week to go, over 10,000 Aucklanders have submitted feedback on Auckland Council’s Annual Budget 2023/2024, setting a busy pace for the first three weeks.