Calls for public inquiry into EQC after settlement
Audio, Radio New Zealand
What's being called a landmark settlement with the Earthquake Commission has been reached today, which may have far-reaching consequences for Canterbury home-owners.
What's being called a landmark settlement with the Earthquake Commission has been reached today, which may have far-reaching consequences for Canterbury home-owners.
One of the two victims from Monday's earthquake lived in the remote alpine settlement of Mount Lyford in north Canterbury.
A landmark court settlement two months ago has led to a growing workload for the Earthquake Commission in Christchurch. Conan Young reports.
A legal settlement between the Earthquake Commission and a group of Canterbury homeowners over the standard of quake repairs, is being described as a milestone for house owners throughout the country. The Reserve Bank has left the cost of borrowing unchanged at a record low 2-point-25 percent, athough it is signalling further cuts remain on the cards.