Michael Wood: Associate Finance Minister says $1 billion for cyclone-affected properties is evidence based, could change
The categorisation of cyclone affected properties could continue to shift, as the finer details are ironed out.
The Government will help fund council buy-outs for about 700 category three homes where future severe weather risks can't be mitigated sufficiently.
Associate Finance Minister Michael Wood told Mike Hosking the plan's $1 billion total is an evidence based indication, and could change.
He says some properties could shift between categories.
Wood says people will have an opportunity to respond to initial categorisations.
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