On Monday, the government announced that they’d be introducing a rates rises cap, which is expected to be legislated by the end of 2026. The cap would be a minimum of 2% and a maximum of 4% nationwide.
When talking about the reasoning for the introduction of a rates cap, Prime Minister Christopher Luxon said that ratepayers in New Zealand were “fed up”.
Along with this, The Labour Party announced that if they were to be elected in next year’s election, they would offer doctors and nurse-practitioners low-interest loans to set up new practices or buy into existing ones. In their policy, Chris Hipkins stated they would hand out up to 50 loans per year, which would be up to 90% of the cost of buying into a practice, capped at $500,000 dollars. They also specified they’d be prioritising areas that had no general practitioners or practices with closed or partially closed books.
And last week, the Government announced a proposed major shake-up of local council. Where Mayors of cities and district councils would take over the duties of regional councils.
For our Weekly Catchup with The Green Party, Wednesday Wire Host Max spoke to MP Ricardo Menendez March about the Government’s regional council’s announcement and Labour’s low-interest loans for family GP practices.
But first, they discussed The National Party’s rates rises cap.
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