Tuesday, 30 August 2011

Christchurch earthquake

While we are talking about expenses for major disasters....

Quake costs jump to $7.1 billion


NZ Herald
UPDATED
10:25 AM Tuesday Aug 30, 2011

The estimated Government bill for repairing Canterbury earthquake damage has more than doubled since the devastating February 22 aftershock, new figures reveal.

Finance Minister Bill English this morning announced the Earthquake Commission has increased its estimated Canterbury earthquake liability by $4 billion to $7.1 billion.

For article GO HERE

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