Wellingtonians socked for $400 more rates a year

WCC released:

Wellington City Council has approved its draft budget for 2023/24, which includes a proposed 12.3% rates rise.
This works out to an average of $8 per household per week and would apply from 1 July 2023.

$400 more a year in rates is a lot of money. I doubt any Wellington families have had their household income increase by 12%.

I reckon a good policy for Central Government would be requiring any rates increase above inflation to go out to local referendum.