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26 Apr 2024 9:48
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  •   Home > News > Politics

    An insurance lobby group is pleased the Government is paying uninsured former residential red zone owners

    An insurance lobby group is pleased the Government is paying uninsured former residential red zone owners


    The owners will get 100 percent of the 2007/08 rateable value for their homes.

    EQC Fix spokesperson Mel Bourke says it's not about insurance.

    She says if the Government for any reason needs to acquire land, buildings
    houses from a number of people - they should all be treated in a similar way.

    Mel Bourke says the Ggovernment shouldn't have based the payments on whether
    homes were insured or not.

    © 2024 Newstalk ZB, NZCity

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