Business confidence has tumbled to a two-year low blamed mainly on the Christchurch earthquake.
An entry from Sue Davidson's blog for 19 November 2013 entitled, "And the wall came tumbling down........".
The NZ dollar has tumbled and the stock market has fallen.
A digitally manipulated photograph of the partially-demolished Ozone Hotel. The photographer comments, "As if a deadly disease is moving out from Christchurch City red zone, the heritage buildings are being put down".
A digitally manipulated image of a damaged wooden wall. The photographer comments, "And the walls came tumbling down".
The earthquake has also affected financial markets. The New Zealand dollar has tumbled, and the stockmarket has extended its losses.
A house in Richmond being demolished. A tumbled chest of drawers sits in an entranceway. The photographer comments, "The end of 393 River Rd".
A photograph captioned by BeckerFraserPhotos, "Castle Rock on the Port Hills, showing where a huge section tumbled down the hillside on 22 February 2011".
Forbe's Store on Norwich Quay, the awning resting on the footpath. Scaffolding placed around the building since the 4 September 2010 earthquake has tumbled during the 22 February 2011 earthquake.
The roof of St John the Baptist Church on Latimer Square. Masonry has tumbled into the building, tearing a hole in the roof and exposing the inside of the church.
A digitally manipulated image of a fallen headstone. The photographer comments, "Since the September 2010 earthquake in Christchurch, New Zealand a lot of the headstones have fallen, but sadly a lot have not been resurrected to their former places".
Photos of Christchurch City LIbraries Outreach staff working in welfare centres following the February 22 earthquake. File ref: CCL-2011-02-27-OperationStoryTime-tumble-tower From the collection of Christchurch City Libraries
The magnitude 7.1 Christchurch earthquake broke off an enormous chunk of Castle Rock in the Port Hills which has tumbled down towards the Lyttelton tunnel. View from Morgan's Valley (-43.578037° 172.714828°).
Forbes' Store on Norwich Quay with a broken awning and damage visible on the brick walls. Scaffolding placed around the building since the 4 September 2010 earthquake has tumbled during the 22 February 2011 earthquake.
Forbes' Store on Norwich Quay with a broken awning and damage visible on the brick walls. Scaffolding placed around the building since the 4 September 2010 earthquake has tumbled during the 22 February 2011 earthquake.
Damage to Lyttelton following the 22 February 2011 earthquake. Forbes' Store on Norwich Quay with a broken awning and damage visible on the brick walls. Scaffolding placed around the building since the 4 September 2010 earthquake has tumbled during the 22 February 2011 earthquake.
Damage to Lyttelton following the 22 February 2011 earthquake. Forbes' Store on Norwich Quay with a broken awning and damage visible on the brick walls. Scaffolding placed around the building since the 4 September 2010 earthquake has tumbled during the 22 February 2011 earthquake.
A demon mask hangs from a brick chimney in New Brighton. Some of the bricks at the base of the chimney appear to have moved. The photographer comments, "Since the September earthquake brick chimneys have been tumbling down. I do not know if this was put up to ward off shaking of the chimney during earthquakes, but it seems to be working. This chimney has now been taken down at the end of March 2012 and replaced with a simple metal flue".
A photograph submitted by Gaynor James to the QuakeStories website. The description reads, "DTZ building going, 20 July 2011. A small crowd watches the demolition …There is an eerie silence- no excited buzz – people watching yet another part of their history turning into rubble. The wrecking ball, delicately positioned, drops and is followed by the cracking and rending of floor after floor and the debris tumbles down … It starts to clear and an extraordinary sight greets us. Hundreds and hundreds of sheets of paper drift down like giant confetti.".