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Speaker 1: If you're in Auckland and waking up this morning feeling poorer,

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Speaker 1: it's because you are. It's because we all are. Cvs

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Speaker 1: down nine percent, rates up six percent at the start

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Speaker 1: of the month. That's an extra two hundred and twenty

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Speaker 1: three bucks a year. Now. The cvs aren't the market value, obviously,

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Speaker 1: but the market value of our houses has also dropped,

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Speaker 1: and so it's right that we feel poorer. We are.

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Speaker 1: But SPARETHO for Wellington, cvs down twenty four percent, rates

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Speaker 1: up seventeen percent. No thank you. Everyone's asking why are

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Speaker 1: we paying more when our houses are worthless. The answer

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Speaker 1: is just because it's how councils collect money and they

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Speaker 1: have few options to do it any other way. I

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Speaker 1: saw a graph yesterday in defensive councils. This is a

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Speaker 1: tax as a percentage of GDP since for over the

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Speaker 1: last one hundred and thirty years, since the eighteen hundreds,

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Speaker 1: the blue line was Central government. They tax us through income,

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Speaker 1: you know, spending by a GST a whole bunch of stuff.

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Speaker 1: It was up around thirty percent, peaked at about thirty

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Speaker 1: five per center GDP. Greedy, disgraceful, poor old inn Orange.

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Speaker 1: Your councils basically flatlining for the last seventy years at

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Speaker 1: two percent of GDP. This is why they want more

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Speaker 1: options to make money, like charging rates on government buildings

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Speaker 1: in their districts, because yes, the government doesn't pay rates

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Speaker 1: at present, but rude, isn't it. We have to. It's

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Speaker 1: why Wayne Brown wants other leavers to pull like bed taxes.

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Speaker 1: But here's the problem. They have a good argument for

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Speaker 1: more funding streams, but they keep blowing up their sympathy

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Speaker 1: with dumb, expensive, useless stuff like cycle ways and raised

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Speaker 1: pedestrian crossings and roadcarming measures and food scrap bins we

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Speaker 1: have to pay for. The list goes on. The problem

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Speaker 1: councils have is that nobody wants to give more money

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Speaker 1: to somebody who wastes it. For as long as that

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Speaker 1: keeps happening, their sympathy tank is on empty. For more

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Speaker 1: from early edition with Ryan Bridge. Listen live to News

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Speaker 1: Talks at b from five am weekdays. Follow the podcast

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Speaker 1: on iHeartRadio.