In terms of revenue, spending and assets, many councils rank with New Zealand’s largest enterprises: ratepayers’ equity is a massive $67 billion, or $16,300.00 per capita.

This report points to the very large increases in rates payable by households and businesses over recent years. It notes that while councils have been running businesses that would be better left to the private sector, important activities such as stormwater systems and sewerage have been neglected. The report outlines future policy directions that would make a better contribution t overall welfare of New Zealanders.