26 Jul 2021

Government's earthquake-prone apartments $23m loan untouched

From Morning Report, 7:39 am on 26 July 2021

Not a single cent has been cashed out from the Government's $23 million loan scheme for those living in earthquake-prone apartments.

Official figures show no one has even got so far as to apply for a loan since the fund opened in September last year.

It's leading to complaints the money is "impossible" to access, and with an impending review, the government says changes are likely to come.

Harry Lock reports.