Finance Minister Nicola Willis criticises Wellington City Council’s budget reversal

Summarised by Centrist

Finance Minister Nicola Willis has labelled Wellington City Council a “shambles” after it reversed the decision to sell airport shares, leaving a significant budget gap. The council must now revisit its 10-year plan to address the shortfall, which is estimated to be in the hundreds of millions. Willis noted that the Local Government Minister is closely monitoring the situation and considering possible interventions.

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