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Western Pacific Insurance policy holders get pay out

Western Pacific Insurance policy holders get pay out

Tuesday, 21 February 2017 8:27 p.m. by PRNews Popular

Western Pacific Insurance policy holders get pay out

Editorial: Christchurchs central library is going to be worth the cost

Editorial: Christchurch's central library is going to be worth the cost

Monday, 16 January 2017 4:06 p.m. by MediaThePress Popular

At first glance, the news of the budget for the new central Christchurch library ballooning by more than half seems alarming.

Consent refunds

Consent refunds

Friday, 13 January 2017 1:55 a.m. by SouthernResponse Popular

You may have heard some comments in the media recently about refunds due when a building consent lapses.

Red Cross Launches Emergency Appeal to Help Quake-Affected Areas

Red Cross Launches Emergency Appeal to Help Quake-Affected Areas

Monday, 14 November 2016 9:04 p.m. by RedCross Featured Popular

Red Cross Launches Emergency Appeal to Help Quake-Affected Areas

Canterbury and Christchurch economies in a transition phase

Canterbury and Christchurch economies in a transition phase

Saturday, 12 November 2016 6:11 p.m. by GovtCCC Popular

Christchurch City council talking to town hall insurers - again

Christchurch City council talking to town hall insurers - again

Monday, 19 September 2016 12:02 p.m. by MediaHerald Popular

The city council is busy negotiating with an insurer again - this time over the town hall.A $20 million renovation project, including upgrade of bars and the James Hay Theatre, was underway when the earthquakes struck.

EQC looking to cash settle remaining remedial work

EQC looking to cash settle remaining remedial work

Tuesday, 13 September 2016 9:36 p.m. by MediaThePress Popular

The Earthquake Commission (EQC) wants Canterbury customers to accept cash settlements, leaving homeowners to fix shoddy repair work, Labour says.

Rising construction costs force prices up of renting and buying properties

Rising construction costs force prices up of renting and buying properties

Saturday, 10 September 2016 5:00 a.m. by MediaThePress Popular

Construction costs for residential and commercial builds is forcing sale and rental prices to new heights.

Emails reveal ‘useless’ booklet could have meant higher settlements

Emails reveal ‘useless’ booklet could have meant higher settlements

Thursday, 25 August 2016 11:51 a.m. by MeganWoods Popular

Documents released to Labour under the OIA show the Government’s scrapped insurance advice booklet could have led to higher settlements for Southern Response customers, says Labour’s Canterbury spokesperson Megan Woods.

Christchurch City Council looks at more cost effective ways to repair Old Municipal Chambers

Christchurch City Council looks at more 'cost effective' ways to repair Old Municipal Chambers

Sunday, 14 August 2016 6:24 p.m. by MediaThePress Popular

Options to repair Christchurch's Old Municipal Chambers have proven too costly, prompting the city council to explore new strategies.

Council will retain ownership of City Care Limited

Council will retain ownership of City Care Limited

Monday, 1 August 2016 4:32 p.m. by GovtCCC Featured Popular

Christchurch City Council will retain City Care Limited after a rigorous sale process showed it makes commercial sense to keep the maintenance and construction company.

Christchurch, Banks Peninsula properties to be revalued

Christchurch, Banks Peninsula properties to be revalued

Tuesday, 21 June 2016 3:07 p.m. by GovtCCC Popular

Owners of property with unrepaired earthquake damage are being asked to report it so it can be taken into account when Christchurch and Banks Peninsula properties are revalued this year.

Christchurch’s economy is adjusting

Christchurch’s economy is adjusting

Wednesday, 8 June 2016 11:28 a.m. by GovtCCC Popular

CDC Chief Executive Tom Hooper says while economic activity levels remain high, growth rates will continue to ease, unemployment levels will rise slightly from their historic lows and the housing market will plateau.

Chch Wants First Class City, Not First Class Tickets

Chch Wants First Class City, Not First Class Tickets

Wednesday, 8 June 2016 11:25 a.m. by PRNews Popular

Chch Wants First Class City, Not First Class Tickets

Third strike for Brownlee from Treasury

Third strike for Brownlee from Treasury

Thursday, 2 June 2016 1:21 p.m. by MeganWoods Popular

Release: New Zealand Labour Party

Proposed cap on rates increases at 5 per cent in draft Plan

Proposed cap on rates' increases at 5 per cent in draft Plan

Wednesday, 23 March 2016 10:53 a.m. by GovtCCC Popular

Christchurch City Council is proposing to cap its average rates' increase at five per cent for the 2016-17 financial year and for a further two years after that. 

In the bank - earthquake insurance pay-out good news for ratepayers

In the bank - earthquake insurance pay-out good news for ratepayers

Thursday, 25 February 2016 9:51 a.m. by GovtCCC Popular

Christchurch City Council has received full and final net payment of $603 million from its insurers for damage resulting from the 2010/2011 Canterbury earthquakes.

Economic recovery strong in Canterbury

Economic recovery strong in Canterbury

Monday, 22 February 2016 11:23 a.m. by GovtBeehive Popular

Hon Steven Joyce

Christchurch’s housing affordability improves

Christchurch’s housing affordability improves

Thursday, 11 February 2016 5:48 p.m. by GovtCCC Popular

Release: Canterbury Development Corp

Big bill for CERA spin doctors

Big bill for CERA spin doctors

Wednesday, 10 February 2016 4:42 p.m. by MeganWoods Popular

Release: New Zealand Labour Party

Arrogant Government not above the law

Arrogant Government not above the law

Wednesday, 3 February 2016 5:09 p.m. by MeganWoods Popular

Release: New Zealand Labour Party

Council reaches post-earthquake insurance settlement

Council reaches post-earthquake insurance settlement

Friday, 18 December 2015 5:53 p.m. by GovtCCC Popular

Christchurch City Council and its insurers, LAPP (the Local Authority Protection Programme Disaster Fund) and Civic Assurance’s principal reinsurers, today announced that they have agreed a full and final conditional settlement in relation to damage resulting from the 2010/2011 Canterbury earthquakes.

Plans to sell City Care announced

Plans to sell City Care announced

Monday, 30 November 2015 5:21 p.m. by GovtCCC Popular

Christchurch City Council will sell 100 per cent of City Care Limited through a competitive sale process starting in the New Year.

IAG NZ posts hefty loss as quake bill mounts

IAG NZ posts hefty loss as quake bill mounts

Monday, 2 November 2015 7:27 p.m. by MediaThePress Popular

A major New Zealand insurer has posted a loss of more than half-a-billion-dollars and is blaming the Canterbury earthquakes for the state of its finances.

EQC walks off repairs because of frustrated vulnerable homeowners

EQC walks off repairs because of 'frustrated' vulnerable homeowners

Sunday, 18 October 2015 7:35 p.m. by MediaThePress Popular

The Earthquake Commission (EQC) is walking off repair sites after "highly vulnerable" homeowners become argumentative, an assistance service says.

CCHL prepares to help council raise $400m plus

CCHL prepares to help council raise $400m plus

Friday, 16 October 2015 8:25 a.m. by MediaThePress Popular

Christchurch City Council's trading companies, already delivering strong dividends to their owner, are on track to deliver $400 million over two years.

Christchurchs Miro luxury apartment plan founders

Christchurch's Miro luxury apartment plan founders

Thursday, 15 October 2015 7:30 p.m. by MediaThePress Popular

Plans to build the plushest apartments in the Christchurch rebuild have collapsed and the site will be sold by a mortgagee.

Next steps for settling ILV land damage

Next steps for settling ILV land damage

Thursday, 1 October 2015 10:03 a.m. by GovtEQC Popular

Guoxin International proposes to launch up to US$2 billion fund for Christchurch rebuild

Guoxin International proposes to launch up to US$2 billion fund for Christchurch rebuild

Wednesday, 23 September 2015 10:24 p.m. by GovtCCC Featured Popular

Mayor Lianne Dalziel has signed a Letter of Cooperation and Friendship on behalf of the Christchurch City Council, with Guoxin International, which could see a major injection of capital in to the city's rebuild projects. 

Chinas Guoxin International commits over $3 billion to Christchurch rebuild

China's Guoxin International commits over $3 billion to Christchurch rebuild

Wednesday, 23 September 2015 1:41 p.m. by PRNews Popular

Article: 

IAG exceeds reinsurance limit for February 2011

IAG exceeds reinsurance limit for February 2011

Sunday, 23 August 2015 12:48 p.m. by GrantShandLawyers Popular

Insurers settle record Canterbury claims

Insurers settle record Canterbury claims

Monday, 10 August 2015 12:54 p.m. by InsuranceCouncilNZ Popular

The Insurance Council of New Zealand announced today that private insurers have settled a record number of residential claims in the last quarter since the Canterbury earthquakes in 2010 and 2011.  

Economist predicts record low for official interest rates

Economist predicts record low for official interest rates

Friday, 17 July 2015 11:20 a.m. by MediaThePress Popular

An economist is predicting the Reserve Bank will soon cut the Official Cash Rate to a historic low.

Long Term Plan sets city up for the future

Long Term Plan sets city up for the future

Friday, 26 June 2015 2:49 p.m. by GovtCCC Featured Popular

Christchurch City Council today adopted a Long Term Plan that will set the city up for the future by spending $9.9 billion over the next 10 years.

Govt support for Canterbury rebuild now $16.5b

Govt support for Canterbury rebuild now $16.5b

Thursday, 21 May 2015 11:35 a.m. by GovtBeehive Popular

Gerry Brownlee | Budget 2015

Insurers face higher earthquake costs

Insurers face higher earthquake costs

Thursday, 14 May 2015 5:00 a.m. by MediaHerald Popular

Insurers may face higher costs over the Canterbury earthquake after several firms recently increased estimates for the final bill, according to the Reserve Bank.

Youth of Canterbury are struggling with the “new normal”

Youth of Canterbury are struggling with the “new normal”

Wednesday, 6 May 2015 3:07 p.m. by Commtrust Featured Popular

Youth of Canterbury are struggling with the “new normal” post earthquake

Fletcher Building flags $650m to $690m earnings

Fletcher Building flags $650m to $690m earnings

Wednesday, 6 May 2015 5:00 a.m. by MediaHerald Popular

The Canterbury rebuild's imminent conclusion and business sales will push New Zealand's biggest listed business to make operating earnings of between $650 million to $690 million - the lower end of guidance.

Public to have say on red zone offers

Public to have say on red zone offers

Tuesday, 5 May 2015 10:25 a.m. by GovtCera Popular

The public is being invited to have a say on a Recovery Plan addressing Crown offers to buy vacant, uninsured and commercial/industrial properties in the Residential Red Zone.

Insurer argues against higher payouts for quake claimants

Insurer argues against higher payouts for quake claimants

Monday, 4 May 2015 12:26 p.m. by MediaHerald Popular

An insurer has gone to the Supreme Court to argue against a decision which could mean higher payouts for Canterbury homeowners who are yet to settle quake claims.

Small FY net loss predicted for Tower

Small FY net loss predicted for Tower

Friday, 1 May 2015 2:49 p.m. by MediaHerald Popular

Tower may record a small net loss for the first half after flagging an increase in provisions for Canterbury earthquake claim costs, while saying underlying earnings from its general insurer business grew strongly.

New process for red zone Crown offers

New process for red zone Crown offers

Tuesday, 21 April 2015 11:16 a.m. by GovtBeehive Popular

Gerry Brownlee | Canterbury Earthquake Recovery

EQC and its liability for legal costs

EQC and its liability for legal costs

Saturday, 4 April 2015 1:04 p.m. by GrantShandLawyers Popular

There High Court judgments have ordered EQC to pay costs and disbursements to homeowners where EQC paid cap after being sued. 

IRD gets tough with rebuild businesses

IRD gets tough with rebuild businesses

Tuesday, 31 March 2015 7:48 p.m. by MediaThePress Popular

Inland Revenue's (IRD) lenient approach to quake-hit firms appears to be over as it moves to recover millions of dollars in debt.

A Word of Warning From Christchurch Quantity Surveyor

A Word of Warning From Christchurch Quantity Surveyor

Monday, 23 March 2015 4:04 p.m. by PRNews Featured Popular

 

Cash settlements in the news

Cash settlements in the news

Sunday, 22 March 2015 8:02 p.m. by SouthernResponse Popular

You may have recently read about IAG’s decision on cash settling customers in the pre-contract stage and heard speculation on whether this approach will be adopted by other insurers.

Council seeks feedback on Long Term Plan

Council seeks feedback on Long Term Plan

Tuesday, 17 March 2015 12:55 p.m. by GovtCCC Featured Popular

Christchurch City Council today launched a six week campaign to get public feedback on its Long Term Plan.

Businessman Who Ripped Off Christchurch Rebuild Sentenced

Businessman Who Ripped Off Christchurch Rebuild Sentenced

Friday, 6 March 2015 10:58 a.m. by PRNews Popular

Release: Inland Revenue Department

Canterbury building reached a record in 2014

Canterbury building reached a record in 2014

Wednesday, 4 March 2015 10:17 p.m. by MediaThePress Popular

Construction in Canterbury is at record levels with the peak yet to come.

Council financial strategy attempts to keep rates down

Council financial strategy attempts to keep rates down

Tuesday, 24 February 2015 11:31 a.m. by GovtCCC Popular

Christchurch City Council is rethinking the financial strategy for its Long Term Plan in a bid to keep rates increases to single figures over the next three years.

IAG lifts expected Canterbury quake claim costs by up to $1 bln

IAG lifts expected Canterbury quake claim costs by up to $1 bln

Tuesday, 23 December 2014 2:57 p.m. by PRNews Popular

By Paul McBeth

$10m development fund almost spent

$10m development fund almost spent

Saturday, 20 December 2014 9:07 a.m. by MediaThePress Popular

A $10 million incentive fund encouraging developers to build residential units within Christchurch's four avenues is almost all gone.

Horizontal infrastructure review underway

Horizontal infrastructure review underway

Friday, 19 December 2014 4:10 p.m. by GovtCera Popular

Work has begun on an agreed review into the rebuild work and costs related to Christchurch's earthquake-damaged horizontal infrastruct

Signs Christchurch market cooling

Signs Christchurch market cooling

Friday, 12 December 2014 12:18 p.m. by GovtDBH Popular

Cera, IRD led $214m of unauthorised public spending

Cera, IRD led $214m of unauthorised public spending

Tuesday, 9 December 2014 4:35 p.m. by MediaHerald Popular

 

Lynched - Monday 8th December 2014 - Raf Manji

Lynched - Monday 8th December 2014 - Raf Manji

Monday, 8 December 2014 9:42 p.m. by ChrisLynch Popular

 

Council decision on proposed Financial Strategy

Council decision on proposed Financial Strategy

Friday, 5 December 2014 7:22 p.m. by GovtCCC Featured Popular

Christchurch City Council is proposing to raise $550 million from Christchurch City Holdings Ltd (CCHL) and Council-owned trading organisations.

Support for Development Authority to fast track rebuild

Support for Development Authority to fast track rebuild

Friday, 5 December 2014 7:16 p.m. by GovtCCC Popular

Christchurch City Council today agreed in principle to set up a Development Authority to speed up the rebuild and help attract private sector funding for major projects.

Settlement of Canterbury Earthquake Insurance Claims Continues Apace, Topping $13 Billion

Settlement of Canterbury Earthquake Insurance Claims Continues Apace, Topping $13 Billion

Friday, 31 October 2014 4:13 p.m. by InsuranceCouncilNZ Popular

The settling of Canterbury earthquake private insurance claims continues apace as pay outs hit the $13 billion mark, advancing at $10 million a day in 2014.

CDC expects city rebuild to peak soon

CDC expects city rebuild to peak soon

Monday, 20 October 2014 9:51 p.m. by MediaThePress Popular

Christchurch's rebuild is soon to peak.