Returning now to the emergency finance package for Christchurch businesses, which the Prime Minister announced this afternoon.
A research project on news coverage about Maori, has found that tangata whenua are still regarded as lower class citizens; Ngai Tahu iwi says it's learnt from the Canterbury earthquakes, just how important it is to safeguard important documents such as its whakapapa database in a digital form, in case there's another natural disaster; New Zealand's largest Maori owned fishing company wants to see the unique Maori story pushed by companies doing business in Asian countries; Meanwhile Ngati Kahungunu Chairman, Ngahiwi Tomoana, who was the business group convenor, says Maori business leaders are keen to set up an office in China
A research project on news coverage about Maori, has found that tangata whenua are still regarded as lower class citizens; Ngai Tahu iwi says it's learnt from the Canterbury earthquakes, just how important it is to safeguard important documents such as its whakapapa database in a digital form, in case there's another natural disaster; New Zealand's largest Maori owned fishing company wants to see the unique Maori story pushed by companies doing business in Asian countries; Meanwhile Ngati Kahungunu Chairman, Ngahiwi Tomoana, who was the business group convenor, says Maori business leaders are keen to set up an office in China.
A pdf transcript of Ian's second earthquake story, captured by the UC QuakeBox Take 2 project. Interviewer: Samuel Hope. Transcriber: Josie Hepburn.
Website provides practical advice and information for business recovery following the Canterbury earthquake.
Christchurch CBD New Zealand 31 August 2011
Christchurch CBD New Zealand 31 August 2011
Christchurch CBD New Zealand 31 August 2011
Christchurch CBD New Zealand 31 August 2011
Christchurch CBD New Zealand 31 August 2011
Christchurch CBD New Zealand 31 August 2011
Christchurch CBD New Zealand 31 August 2011
Christchurch CBD New Zealand 31 August 2011
“…the advent of a new Company that will sell goods at reasonable profits for cash…” To the Editor of the Press. Dear Sir, All undertakings of a public beneficial nature, whi…
Photograph captioned by Fairfax, "The Coffee Smiths owners (L-R) Tony Perkins and Jane Logan are back to business following the Christchurch earthquake on September 4th 2010".
Photograph captioned by Fairfax, "The Coffee Smiths owners (L-R) Tony Perkins and Jane Logan are back to business following the Christchurch earthquake on September 4th 2010".
We examine the role of business interruption insurance in business recovery following the Christchurch earthquake in 2011 in the short- and medium-term. In the short-term analysis, we ask whether insurance increases the likelihood of business survival in the aftermath of a disaster. We find only weak evidence that those firms that had incurred damage, but were covered by business interruption insurance, had higher likelihood of survival post-quake compared with those firms that did not have insurance. This absence of evidence may reflect the high degree of uncertainty in the months following the 2011 earthquake and the multiplicity of severe aftershocks. For the medium-term, our results show a more explicit role for insurance in the aftermath of a disaster. Firms with business interruption insurance have a higher probability of increasing productivity and improved performance following a catastrophe. Furthermore, our results show that those organisations that receive prompt and full payments of their claims have a better recovery, in terms of profitability and a subjective ‘”better off” measure’ than those that had protracted or inadequate claim payments (less than 80% of the claim paid within 2.5 years). Interestingly, the latter group does worse than those organisations that had damage but no insurance coverage. This analysis strongly indicates the importance not only of good insurance coverage, but of an insurance system that also delivers prompt claim payments. As a first paper attempting to empirically identify a causal effect of insurance on business recovery, we also emphasize some caveats to our analysis.
Photograph captioned by Fairfax, "Kaiapoi Paper Plus owner Jeremy Mead. The business will be closed by Christmas due to the recession and lingering effects of the 4 September earthquake".
Photograph captioned by Fairfax, "Graeme Marshall, owner of Asko Design, and Sarah Aspinwall of Canterbury Cheesemongers, on the site in Victoria Street where their businesses stood before the earthquake".
So what's the Prime Minister Jacinda Ardern got to look forward to when she's back at work? Construction firms falling over, business confidence at a nine-year low, unemployment rising and New Zealand is desperate need of infrastructure to cope with its 10 percent population shock in the last five years. Welcome back Ms Ardern! Ebert Construction is the latest construction company to go belly-up. The Panelists consider why, when the country needs new buildings the most, construction companies aren't making the grade? Peter Silcock of Civil Contractors talks bout the failing of processes and business models used by building firms. 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. The Kingsland Business Society in Auckland is offering free child minding for couples who go out for the evening in the suburb. United States federal air marshals now follow seemingly ordinary citizens not suspected of a crime, nor on any terrorist watch list. It's a new surveillance programme called "Quiet Skies" and it collects extensive information on travellers based on their behaviour on flights and especailly in airports.
A series of aftershocks on Boxing Day has rocked Christchurch, hitting businesses hard over the post-Christmas sales.
Christchurch businesses, councils, MPs and individuals have banded together to turn the rubble of the Canterbury earthquake green.
Photograph captioned by Fairfax, "Kaiapoi businesses and retail outlets are struggling post-earthquake leading into Christmas. The Rooster cafe operating out of a prefab building after their building was demolished".
Photograph captioned by Fairfax, "Fred Arnesen from Beckenham Footwear and Engraving has had to move his business due to the earthquake damage to a much newer shop with higher rent".
Photograph captioned by Fairfax, "Fred Arnesen from Beckenham Footwear and Engraving has had to move his business due to the earthquake damage to a much newer shop with higher rent".
Photograph captioned by Fairfax, "Fred Arnesen from Beckenham Footwear and Engraving has had to move his business due to the earthquake damage to a much newer shop with higher rent".
Photograph captioned by Fairfax, "Kaiapoi businesses and retail outlets are struggling post-earthquake leading into Christmas. The Rooster cafe operating out of a prefab building after their building was demolished".
Photograph captioned by Fairfax, "Christchurch business U Fit In have moved from their earthquake damaged store into their co-owners' home and are trading from the lounge and spare room".
While buildings and businesses bore the brunt of the Canterbury earthquake, some popular outdoor recreation places have also been hit.
Christchurch CBD New Zealand 31 August 2011