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Budget 2011 delivers $5.5 billion over six years for the Government’s new Canterbury Earthquake Recovery Fund, Earthquake Recovery Minister Gerry Brownlee says.
- Gerry Brownlee
- Earthquake Recovery
- Budget 2011
The new Canterbury Earthquake Recovery Authority (CERA) will receive $25.5 million of funding over two years, Earthquake Recovery Minister Gerry Brownlee says.
“This funding is purely to set up the new authority. The Government will also spend about $8.8 billion over the next few years to help Canterbury rebuild through the Earthquake Commission, ACC, meeting costs of residential property damage, rebuilding infrastructure such as roads and essential water systems, and welfare support,” Mr Brownlee says.
- Gerry Brownlee
- Earthquake Recovery
- Budget 2011