A man walks along Hereford Street, past the former site of the ANZ bank in Cathedral Square. In the background is the partially-demolished BNZ building.
Shows a graph illustrating the 'Growth forecast' for the economy. A large finger representing the 'Reserve Bank' squashes the growth arrow as though it is a fly and it starts to zig-zag crazily downwards. The statement made 16th September looked a shadow of the bright one the Reserve Bank published three months ago. With its forecasts finalised the day before the Canterbury earthquake struck, the Bank has taken secateurs to its economic growth track, and a carving knife to its interest rate path. Instead of GDP growth pushing 4% this year and next, for example, it now struggles to reach 3% in each. It's tempting to think this has been driven by the wobbling international news over recent months. In fact it's been because of a suddenly sombre view around NZ consumer spending and the housing market. (Interest.co.nz)
Quantity: 1 digital cartoon(s).
A photograph of a crack in a bank next to a motorway in Christchurch. A tape measure in the crack indicates that it is four feet deep.
A photograph of a crack in a bank next to a motorway in Christchurch. A tape measure in the crack indicates that it is four feet deep.
A photograph of a crack in a bank next to a motorway in Christchurch. A tape measure in the crack indicates that it is four feet deep.
Sandbags placed along the river bank to prevent flooding onto the road. The earthquake caused the ground in this area to subside, making it susceptible to flooding.
Sandbags placed along the river bank to prevent flooding onto the road. The earthquake caused the ground in this area to subside , making it susceptible to flooding.
A photograph captioned by BeckerFraserPhotos, "A view looking into the central city from the banks of the River Avon just below the Colombo Street bridge".
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Photograph captioned by BeckerFraserPhotos, "The Forsyth Barr building at 764 Colombo Street (left) and 779 Colombo Street (right)".
Photograph captioned by BeckerFraserPhotos, "Forsyth Barr Building, corner Armagh and Colombo Street".
Photograph captioned by BeckerFraserPhotos, "The intersection of Manchester, High, and Lichfield Streets".
A photograph of a crack in a bank next to a motorway in Christchurch. A tape measure in the crack indicates that it is over five feet deep.
A photograph of a crack in a bank next to a motorway in Christchurch. A tape measure in the crack indicates that it is over six feet deep.
Photograph captioned by BeckerFraserPhotos, "An aerial photograph showing extreme examples of lateral spreading on the banks of the River Avon near the rowing clubs at Kerrs Reach".
Photograph captioned by Fairfax, "Schools around Christchurch return back after a week off due to the earthquake. Banks Avenue school is situated in one of the worst hit areas".
The banks of the Avon River along Avonside Drive have been built up with gravel. The street is flooded, and has been closed off with fencing and road cones.
The banks of the Avon River along Avonside Drive have been built up with gravel. The street is flooded, and has been closed off with fencing and road cones.
The ANZ Bank Chambers on the corner of High and Lichfield Streets has been cordoned off from the public. WORLD, a clothing store was housed on the ground floor.
A black and white historic photograph of the old BNZ Building, taken from Cathedral Square, 1929.
A sign reading, "Road closed" on a footpath beside the Kaiapoi River in Kaiapoi. Behind it excavators can be seen levelling a bank for a new footpath to be laid on.
A photograph taken across the Avon River of large cracks in the bank between Park Terrace and the footpath. Road cones have been placed along the street to warn road users.
A collage of Lyttelton organised by the Lyttelton TimeBank in front of the Library. The public were asked to make a collage depicting the earthquake and their experiences in Lyttelton.
A collage of Lyttelton organised by the Lyttelton TimeBank in front of the Library. The public were asked to make a collage depicting the earthquake and their experiences in Lyttelton.
A collage of Lyttelton organised by the Lyttelton TimeBank in front of the Library. The public were asked to make a collage depicting the earthquake and their experiences in Lyttelton.
View down High Street. On the left is the ANZ Bank Chambers, which has been cordoned off with road cones and fencing. The Excelsior Hotel can be seen on the right.
Photograph captioned by BeckerFraserPhotos, "High Street looking towards the Square".
Photograph captioned by BeckerFraserPhotos, "A pile of building rubble from the BNZ bank with the All Seasons Hotel (left) and Holiday Inn (right) in Cashel Street. Photo taken in Hereford Street".
Damage to Avonside Drive. The street is closed off with cones and a "Road closed" sign, and portaloos line the street. The banks of the Avon River have been built up with gravel.
Damage to River Road in Richmond. The river bank has slumped towards the river, opening up a large crack along the side of the road. The photographer comments, "Lateral spreading in River Rd".
