“You can have insurance, and lose a house in a flood, or an earthquake, and you don’t get everything back because there is a whole lot of inconvenience and uninsured costs you never get back,” Swindley said. These were not usually catastrophic costs and homeowners should not find their homes become uninsurable, or face rapid increases in their premiums.
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Greg and Nickie Kirks property in Winchester was damaged in the Canterbury floods after the Opihi River burst its banks. But, Swindley said: “Looking to the future, people are still going to be able to get insurance, but they will be on much more property-specific terms.”
Benefit increases and rent reforms: Areas experts say Budget 2021 needs to address to tackle child poverty msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Investors have no moral obligation , Property Investors Federation says stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
That was one of the key themes to emerge from a Property Foundation-hosted expert panel discussion on a new report by Squires which looked at the funding of bulk infrastructure. The report included a focus on a pilot infrastructure housing charge which was being utilised for the Milldale development currently under way in Wainui, north of Auckland. Infrastructure for the development was being funded via a partnership between Auckland Council, Crown Infrastructure Partners and Fulton Hogan Land Development.
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The bright-line test has been doubled in length and tax loopholes have been closed as the Labour Government moves on property speculators.