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Audio, Radio New Zealand

As the nation prepares for lockdown, Christchurch's leaders says their city is prepared. Over the past ten years Christchurch has dealt with it's fair share of crisis, from earthquakes, Port Hills fires, the March 15 terror attacks, flooding, and a gas explosion. While Covid-19 has a global impact, some Cantabrians say their past experience will help them get through. Eleisha Foon reports.

Audio, Radio New Zealand

The Reserve Bank has cut its benchmark interest rate, to support the economy against the impact of the Covid-19 virus. The central bank cut its official cash rate to 0.25 percent from one percent. Governor Adrian Orr says the cut is necessary to support businesses and employment. The last time the Reserve Bank made such a big cut was in March 2011 after the Canterbury earthquake. Last week, the bank outlined a range of unconventional monetary policy tools such as negative interest rates, special loans to banks, and buying bonds to put money into the economy. Cameron Bagrie is an independent economist. He speaks to Susie Ferguson.

Articles, Christchurch uncovered

This week New Zealand entered its third week of the Covid-19 lockdown, and one of the phrases being thrown around a lot is creating a ‘new normal’. The idea of a ‘new normal’ gives a sense that life, whether for … Continue reading →

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.

Audio, Radio New Zealand

A family who lived through the 2010 and 2011 Christchurch earthquakes is now in isolation in Spain because of the Covid-19 virus. Spain is currently the fourth most affected country in the world, with more than 2000 new cases reported in the past 48 hours. More than 600 people have died, 90 of which have been reported in the past 24 hours. Yuri Bacas Hosaka, who grew up in Madrid says the family's quake experiences helped prepare them for what they're experiencing right now. Indira asked her how she and her family are coping