Woods fast-tracks agreed EQC legislative changes, leaving thornier questions to inquiry

Mon, 19 Mar 2018

By Paul McBeth March 20 (BusinessDesk) - Earthquake Commission Minister Megan Woods has fast-tracked four widely supported changes to the law governing the EQC, including a higher cap for residential property and ditching the entity's contents cover, leaving more contested issues to an upcoming inquiry. The government expects to pass legislation before the end of the year changing the EQC to lift the cap limit to $150,000, let the agency accept claim notifications for up to two years from a natural disaster, drop contents cover, and clar...

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