7 Nov 2022

Auckland Council finances hit by high inflation, interest rates

From Midday Report, 12:11 pm on 7 November 2022

Auckland Council's budget is blowing out as inflation runs hot and interest rates continue to rise.

Staff are warning the funding gap is estimated to be $180m higher than the anticipated shortfall of $90m.

And the mayor Wayne Brown is blaming his predecessor.

RNZ Auckland reporter Amy Williams spoke to Jimmy Ellingham.