Does the Minister believe that capping rates may increase the Crown’s long-term fiscal liability for severe weather events, which in recent years have cost Aotearoa billions of dollars, by forcing councils to defer climate adaptation investment in exchange for short-term household savings of less than $3 a month?

Asked by

Lan Pham

List MP · Green Party

• Does the Minister believe that capping rates may increase the Crown’s long-term fiscal liability for severe weather events, which in recent years have cost Aotearoa billions of dollars, by forcing councils to defer climate adaptation investment in exchange for short-term household savings of less than $3 a month?