The Government has confirmed it is closely monitoring the insurer, AMI, whose $1 Billion in reinsurance and capital is believed to have been exhausted by the two Canterbury earthquakes.
The four members of a panel set up to monitor emergency regulations governing the rebuilding of Canterbury say they did not ask for the higher-than-standard fees set by the Cabinet.
Dr. Mark Quiqley is Senior Lecturer in Active Tectonics and Geomorphology in the Department of Geological Sciences at the University of Canterbury. He is part of the team involved in the scientific response to the Canterbury earthquake and has been monitoring it from the air.
A review of the week's news including: Prosecutions against thirteen of the seventeen people arrested in police raids in the Ureweras and elsewhere are dropped, the Christchurch earthquake one year on, health officials take expert advice on containing a deadly meningitis outbreak in Northland, a group of Dunedin volunteers are making a photographic record of thousands of the city's old gravestones, more Kiwis will have their calls monitored by researchers at Victoria University and DOC and an enthusiastic Rugby World Cup welcome Tongan style.
A review of the week's news, including: environmental protests against oil exploration off the East cape, changes to Legal Aid, plans to sell the Pike River coal mine, a Labour MP says his party's list is drawn up by"a gaggle of gays", confidence in the economy grows, extraordinary powers given to the Canterbury Earthquake Recovery Authority, the number of heritage buildings to be demolished after the quake grows, results from faultline mapping in Christchurch to be known within weeks, Mt Ruapehu to be monitored around the clock and Victoria Cross winners are awarded with stamps.