Standing on shaky ground

By Linda Sanders In Money

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29th November, 2012
The reverberations of the Christchurch earthquake continue to be felt, and not only by Canterbury people. Building owners around the country are also experiencing the after-effects of a $30 billion calamity. Owners of buildings used by the public are facing the prospect of having to close them unless they are upgraded to new earthquake standards. Most of us are now paying much higher insurance premiums, and some can’t get earthquake cover at all. This is not just an urban issue. In my rural area, among the buildings affected are: an old stone church, closed and unlikely to ...

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