Articles tagged EQC

The Government will raise EQC coverage by 50 percent, but has yet to top up the National Disaster fund. Taxpayers will be footing the bill if there is another disaster within the next decade. Thomas Coughlan reports.

Earthquake Commission (EQC) chairman Sir Maarten Wevers has resigned, following the decision to appoint an independent adviser to speed up the resolution of thousands of outstanding Canterbury earthquake claims.

Waterfront properties are still marketed as desirable but rising sea-levels may render thousands of them uninsurable, sending their values into freefall and resulting in fiscal risks for banks and the government, writes Lynn Grieveson.

Finance Minister Bill English set Tuesday December 17 as the date for the Half Year Economic and Fiscal Update (HYEFU) and spelt out in a little more detail the choices facing the government as it heads for surplus in 2014/15.