The Anglican diocese has a $320 million empire of cash and properties, but it cannot be used to fund the $100m Christ Church Cathedral restoration.
The past six years have seen most central Christchurch buildings repaired, rebuilt, replaced, or at the very leased, tidily demolished.
It is the kind of plan where everybody seems to win.
Southern Response may need millions of dollars more in Government funding after the company updated its budget.
A likely end to Christchurch's post-earthquake rates-discount scheme this year would see some homeowners' rates rises jump by more than 50 per cent.
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