Property values in Auckland’s outer suburbs have fared better than the regional average drop of 9%, while properties closer to the city center saw valuations decline by about 14%, leading to lower rates. According to council chief finance officer Ross Tucker, changes in rates will depend on how property values compare to this 9% average decrease. Notably, areas such as the Hibiscus Coast, Albany, Hobsonville, Greenhithe, and parts of rural Rodney and Franklin have maintained their value, with some properties on Great Barrier Island experiencing a significant increase of 38%.
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Anti‑corruption taskforce launched, but what will it actually do?
A new anti-corruption taskforce targeting insider threats, foreign interference, and AI-enabled fraud is being launched in Auckland by the Serious Fraud Office, as experts warn of increasing corruption risks and New Zealand's declining position in global anti-corruption rankings. This initiative underscores the focus on combating corruption among public officials and addressing concerns regarding foreign bribery. Explain It To Me Like I'm 5: A new group is being formed to stop bad people from cheating and...
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