On 24 April 2026, Property Council submitted on Greater Wellington Regional Council’s Draft Annual Plan 2026/27.
Why this matters to our members
The Draft Annual Plan 2026/27 outlines the budget for Greater Wellington Regional Council for the next twelve months and will influence outcomes across the Wellington region. The regional council is proposing a 9.7% rates increase which includes a 9.1% increase in the targeted rates for Wellington CBD businesses.
Our View
Property Council opposes the proposed rates increase as Wellington businesses already face a range of cost pressures. This rates increase risks undermining business viability and investment opportunity in Wellington.