Auckland Council increases provisions for leaky home payouts
Auckland Council's provision for active claims is now $165 million.
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Auckland Council has had to up its provisioning for leaky homes settlements by $30 million more than budgeted last year, as part of an operating expenditure blowout of $122 million.
The council, which is often caught up in leaky property claims due to the actions of its building inspectors, is
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Victoria Young
Thu, 05 Oct 2017
Thu, 05 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Auckland Council increases provisions for leaky home payouts
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