Homeowners need to brace for another cost increase, this time to help fund the state disaster insurer, the Natural Hazards Commission.

The minister responsible for the commission, David Seymour, says levies will 'almost certainly' need to rise, with Cabinet set to decide the changes in the coming months.

NZ Herald Wellington business editor Jenee Tibshraeny explains further.

LISTEN ABOVE

Homeowners need to brace for another cost increase, this time to help fund the state disaster insurer, the Natural Hazards Commission.
The minister responsible for the commission, David Seymour, says levies will 'almost certainly' need to rise, with Cabinet set to decide the changes in the coming months.
NZ Herald Wellington business editor Jenee Tibshraeny explains further.
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jenee Tibshraeny: NZ Herald Wellington business editor on homeowners needing to pay extra to fund the Natural Hazards Commission

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e6b48bfd-8d20-4f00-9bcd-b2f20082ccde/transcript