Wellington residents

PHOTO: It comes after news the region now has the most expensive rental market in the country. Source: Breakfast

Wellington residents could be facing a rates increase of 17 per cent, as the council works out how to pay for a mass of infrastructure and resilience projects.

Mayor Andy Foster has today revealed a sketch of the council’s 2021 Long Term Plan, which will be further discussed by the council next week.

“The planned investment is diverse, and will improve the foundations for a better city,” Foster said.

“It will increase levels of service in key areas that matter, such as infrastructure, climate change, key civic buildings, and transport, broadly maintain levels of service everywhere else, and retain headroom for future generations.”

READ MORE VIA TVNZ

MOST POPULAR