Calls for parapet-fixing funding to come from government
There are calls for the government, or the Wellington Council, to step in with financing for earthquake strengthening the capital's buildings. At least half of the 100 building owners who face a deadline of next March to strengthen unreinforced facades and parapets in busy streets are unlikely to make it. They say banks appear reluctant to lend for this work. Some are calling for the council or the government to become a lender of last resort. The city councillor responsible for infrastructure, Iona Pannett, joins us to discuss the issue.