1 Jun 2023

Auckland mayor: airport shares must be sold

From Nine To Noon, 9:33 am on 1 June 2023
Auckland mayor Wayne Brown speaks about the city's budget.

Auckland mayor Wayne Brown speaks about the city's budget. Photo: RNZ / Marika Khabazi

Auckland's mayor Wayne Brown has just made public his plan to balance the city's books restating his intention to sell Council shares in the city's airport and promising to keep household rates under 6.7 per cent. Auckland has a $325 million hole in its budget, with another $50 million needed to fund storm recovery. The Mayor has spoken to some media this morning, saying this year's budget was one of the hardest in Auckland's history. RNZ reporter Finn Blackwell has been the announcement.