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Wellington scoop co nz » WCC and somebody else s problem

by Geoff Palmer Douglas Adams wasn’t thinking of the Wellington City Council when he introduced the world to the SEP field. But he might well have been. In his book Life, The Universe, and Everything, he defined the SEP field: Somebody Else’s Problem. A SEP … is something that we can’t see, or don’t see, or our brain doesn’t let us see, because we think that it’s somebody else’s problem. That’s what SEP means. Somebody Else’s Problem. The brain just edits it out; it’s like a blind spot. The Wellington City Council employ SEPs on a regular basis. For example, last week Audit NZ criticised the Council after discovering a $403 million funding gap for social housing:

Fund manager wants to sink KiwiSaver billions in councils leaky pipes

“The size of the pool is huge,” Stubbs said. “And there’s something very special about the money. You talk about politics but this the most depoliticised pool of money, because it belongs to everybody.” Simplicity and other KiwiSaver schemes already invest in the Local Government Funding Agency (LGFA), the pool of cheap debt for various local bodies. But that also includes major investment from overseas funds, and Stubbs believes there’s a case for direct investment for Kiwis, by Kiwis. “I’m going to invest in water systems all over the world, it doesn’t have to be here [Wellington], but it seems to me kind of silly that we wouldn’t invest in our own backyard.

Wellington City Council sticking to its guns despite calls to borrow more

KEVIN STENT/Stuff Calls are growing for Wellington City Council to increase its borrowing cap to fix mounting infrastructure costs, but the council says it has already increased forecast spending and needs to leave some headroom. (File photo) Wellington City Council is sticking to its guns over its proposed borrowing cap despite growing calls for it to spend more in the face of mounting infrastructure costs. The council is proposing to lift its self-imposed debt cap by 50 per cent from July, as it looks to fund major infrastructure costs, including a $2.7 billion water infrastructure bill, a one-third share in the $6.4b Let’s Get Wellington Moving (LGWM) transport programme, and a $179 million central library rebuild.

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