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Podcast: The Mike Hosking Breakfast
Episode: Matt Whineray: Ministry for the Environment Independent Reference Group Chair on the need for the Govt to move away from natural hazard buyouts
Description: There are expectations the Government continuing to step in to cover natural hazard costs for homeowners could create a moral hazard. Â An independent climate adaptation report reveals annual losses from weather-related events over the next 25 years could increase by a quarter. Â It warns the later we respond, the more disruptive the adjustment will be. Â Chair Matt Whineray told Heather du Plessis-Allan the best way forward is for people to understand what they can get and for the Government to move away from buyouts. Â He says this needs to be done over a pe...