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Grant Robertson: Cyclone Recovery Minister stands firm on approach to sharing the cost of severe weather events - The Mike Hosking Breakfast

The Mike Hosking Breakfast

The Government is standing firm on it's approach to sharing the cost of severe weather events.

Auckland Council and the Government will jointly fund a $2 billion recovery and resilience package - with the Crown contributing about half.

It includes $774-million to purchase about 700 Category 3 residential properties.

Cyclone Recovery and Finance Minister Grant Robertson told Mike Hosking they've tried to apply the same 50-50 principle for buyouts in each region.

He says different areas have slightly different support for other measures, such as flood protection and transport.

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Grant Robertson: Cyclone Recovery Minister stands firm on approach to sharing the cost of severe weather events - The Mike Hosking Breakfast