EQC gets another $45m top up from the public purse

The Press, Michael Hayward, Jun 11 2019

Another $45 million of taxpayer money has gone into the Earthquake Commission (EQC), as the cost of re-repairs on botched insurance work tops $405m.

The natural disaster insurance agency is expected to need an additional $140m-plus in bailouts by mid-2020.

Simon Darby