Evening Business for 27 April 2011
Audio, Radio New Zealand
Business confidence has rebounded sharply, despite February's devastating earthquake in Christchurch.
Business confidence has rebounded sharply, despite February's devastating earthquake in Christchurch.
Christchurch central seems to have a business micro-climate. And right now it's chilly. The CBD is nothing like it used to be before the 2011 earthquake and those businesses that re-opened say they really had no choice because of the demands of insurance companies.
Discusses the uneven economic cost of the Christchurch earthquake.
News from the business sector focusing on the impact of the Christchurch earthquake, the bulletin includes a market report.
When the earthquake demolished Christchurch's central business district, some business owners had no option but to pack up and start again in a different city.
The campervan company, Tourism Holdings, says it doesn't expect the North Canterbury earthquake to have any material impact on its tourism business in either the near or long-term.
A government package to help small businesses affected by Monday's earthquake will help according to one of the groups administering it , Enterprise North Canterbury, which has been through it before.
The Earthquake Recovery Minister, Gerry Brownlee, is offside with the business community in Christchurch over the decision to permanently relocate nearly 500 public servants outside of the central business district.
Businesses appear to be getting over the shock of the February earthquake in Canterbury with many more now saying they expect better times ahead.
The impact of the Canterbury Earthquake on insurance and the EQC's finances.
Rod discusses the business and economic impacts of the Canterbury earthquake.
As businesses in Christchurch start to think about what, if any, help they can expect from the government following Tuesday's devastating earthquake, some small businesses around the city are starting to reopen.
Christchurch earthquake costs shake Tower's bottom line.
It's estimated up to 150 businesses will go bust following the Canterbury earthquake.
Christchurch's first office and retail development since the earthquake gets the go ahead.
Christchurch's leading business group is criticising city council plans to slow down its earthquake rebuild programme. Conan Young reports.
A business owner wants more stringent background checks for people creating professional online profiles after discovering a potential business advisor is currently on home detention for corruption. Gerard Gallagher was convicted in June after trying to personally profit from information obtained while working for the Canterbury Earthquake Recovery Authority and Ōtākaro Limited between 2014 and 2017. Online, he promotes himself as a Business Advisor despite still serving a sentence of 12 months' home detention. Niva Chittock reports.
Kaikoura and Wellington businesses operating adjacent to quake damaged buildings may face disruption for years to come as owners drag their feet on repair or demolition work. A Christchurch property owner has been unable to completely re-open for business since the February 2011 earthquake.
Consumer confidence has stabilised after falling to a two year low in March, following the Christchurch earthquake.
A study by Canterbury University shows businesses have withstood the 7-point-one-magnitude Canterbury earthquake well.
Some Christchurch businesses are accusing the government of winding down its earthquake assistance programme too soon.
A new slew of Christchurch businesses are in limbo after Merivale mall was closed because of earthquake risks.
The historic Townsend Teece telescope in Otautahi Christchurch was badly damaged in the 2011 earthquake, but has been expertly restored and is now reinstalled back in its central city home at the Arts Centre.
The Canterbury electricity lines company, Orion, says electricity use in its region is starting to recover following the earthquakes, helping it lift both annual profit and sales 3 percent.
Ports of Auckland says incidents such as the strikes which crippled its operations and the Canterbury earthquakes which disrupted the Port of Lyttelton's operations shows New Zealand needs a resilient port sector.
Economic activity in Canterbury reached its fastest pace in July since the 2010/2011 earthquakes.
Insurance company Tower says yesterday's earthquake in North Canterbury will cost it a maximum of just over seven million dollars.
Tower's profit is expected to be hit by the Christchurch earthquakes. Movie star legend Bruce Willis is reportedly eyeing up legal action against Apple and the stockmarket rises.
Tower's half year profit has jumped by more than eighty percent, as it recovers from the costs associated with the Canterbury earthquakes and improves revenue growth.
Kathmandu has announced plans to build its new national distribution centre in the Christchurch suburb of Woolston, in a vote of confidence for the earthquake-damaged city.