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Audio, Radio New Zealand

Residents of some Christchurch suburbs could be in for bigger than expected rates rises after the first QV valuations since the earthquakes. The average Christchurch home now has a rating value of 455 thousand dollars, which translates into an annual rates bill of just over two thousand dollars.

Audio, Radio New Zealand

A prominent Christchurch property investor says the Government's anchor projects meant to help rebuild the city faster, has instead slowed it down. After the 2011 earthquake, the Government launched a recovery plan for the CBD, which had 16 anchor projects designed to spur on the rebuild. However, many have been plagued by delays and are still unfinished. Property investor Antony Gough told RNZ reporter Anan Zaki that unlike the Government, it was the private sector which ploughed ahead with the rebuild.

Audio, Radio New Zealand

Time is nearly up for owners of on-sold quake damaged properties in Canterbury to apply to claim money for botched repairs. The Government announced last year it would give an ex-gratia payment to home-owners with properties that went over the Earthquake Commission's then cap of $100,000. Today is the last day for applications after the original August deadline was extended due to Covid-19. But there are calls to extend that deadline again, as applications have flooded in over the past month.