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Parker hoping for an 'earthquake Budget'

Posted in : News, Earthquake

(added few months ago!)

Parker hoping for an 'earthquake Budget'.Despite predictions of a grim Budget, Christchurch is hoping it will get the support it needs to rebuild after the devastating February quake. "We have a feeling this could end the day being called the earthquake Budget," Mayor Bob Parker told TV ONE's Breakfast this morning.  Parker said they are looking for around $5-$5.5 billion that the government has signalled is coming in their direction.

"That's going to be needed for a rebuild of our infrastructure."As well as the cost of rebuilding schools and council infrastructure, another $3 billion is needed from the government for EQC. Parker said a number of smaller spends will also be important for the community, around areas like supporting personal wellbeing.

The mayor said it's not a question of 'hey we're going to get a lot of money in the Budget' but is a recognition that the task in front of Christchurch is so massive that the city needs the support of government and New Zealanders.

"$8.5 billion is not small change, it's an indication of the scale of support the government does need to put behind the city. "All of the indications I have had from society, from the top to the bottom, is one of absolute support. I get letters, I get people turning up, handing over cheques from a fundraiser in Tauranga or Napier or Invercargill and over the world."

Parker said the region produces around 20% of New Zealand's GDP and said "it's vital for every Kiwi we get it back up and running for the wellbeing of all of New Zealand".

Although some issues with cuts predicted in the Budget could impact on the people of Christchurch, Parker said everything the government has shown to date has been solid.

"I think overall Christchurch people will look at the Budget today and say this is exactly what we need at this time."Parker believes the government's changes to KiwiSaver and Working for Families are the best way to tackle the huge costs involved, rather than the imposition of a quake levy.

"A levy can hit people, particularly in low income groups, a lot harder so I think this is the most efficient way to raise those funds."And the mayor has reassured New Zealand that the city will stand up in the future and contribute again to New Zealand's economy.

"When we are back up on our feet we will be stronger than ever and believe me we will do our part to be back in the nation's coffers, but right now we do need that help."

Tags : Parker, Earthquake

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(added few months ago!) / 288 views