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PHOTO: Wellington Harbour and Oriental Bay. Source: istock.com
Wellington apartment owners say $23 million in the Budget to help fix earthquake-prone buildings is only a start.
The money is to help apartment owner-occupiers or investors facing hardship. The $23.3m in capital and operating spending over the next decade will be used to provide assistance through a suspensory loan scheme.
“We will be interested to see the detail of the scheme,” Inner-City Wellington group spokesperson Geraldine Murphy said.
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