Tag Archives: Canterbury Rebuild

The Canterbury Earthquake Recovery Authority, which was tasked with overseeing the rebuild of the country’s second-biggest city, is upbeat about the prospects for anchor projects in Christchurch’s central business district, but won’t provide business cases for the developments until commercial contracts have been signed off Acting chief executive John Ombler told parliament’s finance and expenditure committee the CBD projects are …

The University of Canterbury can claim $550 million to cover the damage wrought by the series of earthquakes in 2010 and 2011 after reaching an agreement with its insurers. The university will receive an additional $247 million to claims already paid or agreed to be paid, taking its total claim to just over half a billion dollars under the Universities NZ collective insurance …

The government will fold the Canterbury Earthquake Recovery Authority into the Department of Prime Minister and Cabinet early next year as it begins a long-term withdrawal from its hands-on involvement in the Christchurch rebuild. In a speech to the Canterbury Chamber of Commerce, Prime Minister John Key announced the plan, in anticipation of CERA’s legislated April 2016 expiration date. The move …