The Leaky Homes Package

Salient points are:

1. Government will contribute 25% to costs of repairs/upgrade (up from 10% previously)
2. TLAs who take part will put in 25%
3. Home owners 50% contribution will be Government guaranteed to solve problem of home owners not being able to borrow against homes to fox them, due to decreased equity value
4. Estimated cost to taxpayers is $1 billion over five years

Congrats to Maurice Williamson for a package that actually should lead to homes getting fixed, not litigated.

Also well done to Kerry Prendergast and John Banks for their advocacy on behalf of Mayors to get a fair package. It shows what can be achieved when you don’t have to deal with ranting idiots.