Buy back of flood-prone homes should happen now, NSW mayor says

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Tweed shire mayor Chris Cherry says window for relocations closing, criticises delay for inquiry recommendations

More than three months since the region was devastated by flood waters, the Tweed shire mayor, Chris Cherry, said further delays must be avoided.“Once people start to get insurance money they’re making decisions about whether or not to reinvest back into their house. Once they do that they don’t want to go through another process of trying to sell it and so you’re missing that window of opportunity.

Cherry said 124 homes in the Tweed shire were eligible under the scheme, which could be bought immediately if the government expanded its funding. “The purchasing power of the schemes has diminished significantly with the rapid escalation in housing prices and construction costs in the last two years.”

Elley hopes some of the destruction will be classified as storm, and not flood damage, so that it is covered by insurance.“We’re limited with income,” she said. “Lots of people have given us generous donations, and we’ve claimed as much as we can from the government … and there’s been bits from charities: the Salvos and the Red Cross.”

 

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