Scientology Critical Information Directory

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Local bodies need to be put on a spending leash

Title: Local bodies need to be put on a spending leash
Date: Friday, 22 August 2008
Publisher: Business Day (New Zealand)
Author: Nick Stride
Main source: businessday.co.nz

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Nor are ludicrous examples of council investment hard to find in other fiefs. Buller District Council in 2002 built a sock factory at Westport which subsequently went bust, costing ratepayers $450,000 and attracting scathing criticism from the Auditor-General.

At Hokitika, Westland Council proposed to lend $2.2m to, and invest $500,000 in, a plastics factory which, according to Business New Zealand, had links to the local branch of the Church of Scientology.

Rates nationally have been growing faster than the consumers price index for many years. Ratepayer grumpiness reached such proportions in 2006 the government, with obvious reluctance, appointed a commission of inquiry.