Councils prepare to tighten belts with rates relief in sight

The government is telling councils to 'live within their means' and is introducing a rates cap. It's popular with ratepayers who have seen their bills skyrocket, but councils are warning it'll come at a cost of services. Coming hot on the heels of the government's move to abolish regional councils, political reporter Giles Dexter examines what councils and ratepayers may have to learn to live with.