Search

found 9 results

Images for Infrastructure (Economics); more images...

Images, Alexander Turnbull Library

Text reads 'The earth moved...... and so did the government's infrastructure spending estimate'. Centre cartoon is the text '$17 billion' set against the backdrop of a seismic graph. Context - Auckland and Christchurch have been given top priority in the Government's latest national infrastructure plan, with more than seven billion dollars of its $17 billion budget going to the two cities. NZ Council for Infrastructure chief executive Stephen Selwood says hes not surprised at the large amount of funding going to Auckland and Christchurch, saying its clear the Christchurch rebuild will require a major commitment and Aucklands continued growth also requires significant funding. (Source: www.3news.co.nz, 5 July 2011) Quantity: 1 digital cartoon(s).

Research papers, University of Canterbury Library

The 4 September, 22 February, and 13 June earthquakes experienced in Canterbury, New Zealand would have been significant events individually. Together they present a complex and unprecedented challenge for Canterbury and New Zealand. The repetitive and protracted nature of these events has caused widespread building and infrastructure damage, strained organisations’ financial and human resources and challenged insurer and investor confidence. The impact of the earthquakes was even more damaging coming in the wake of the worst worldwide recession since the great depression of the 1930s. However, where there is disruption there is also opportunity. Businesses and other organisations will drive the physical, economic and social recovery of Canterbury, which will be a dynamic and long-term undertaking. Ongoing monitoring of the impacts, challenges and developments during the recovery is critical to maintaining momentum and making effective mid-course adjustments. This report provides a synthesis of research carried out by the Resilient Organisations (ResOrgs) Research Programme1 at the University of Canterbury and Recover Canterbury in collaboration with Opus Central Laboratories (part of Opus International Consultants). The report includes discussions on the general state of the economy as well as data from three surveys (two conducted by ResOrgs and one by Recover Canterbury) on business impacts of the earthquakes, population movements and related economic recovery issues. This research and report offers two primary benefits:

Images, Alexander Turnbull Library

Text reads 'Pet of the day... ' Below is a notice tacked to a wall which has an image of a cat wearing spectacles on it. Text reads 'LOST. Large moggy, last seen roaming in Christchurch. Answers to the name of "Gerry" or "Dinners ready". Has a loud purr, looks cuddly but can turn...' Context: This is a reference to Gerry Brownlee, the Minister for Earthquake Recovery. When National announced its offer based on the 2007 rating valuation to red-zone property owners on 23 June, Gerry Brownlee specifically told people who had made improvements between the time of the valuation and the September quake to 'keep their receipts'. The offer from CERA dated August 19 now says quite clearly that people can only seek an adjustment to the purchase price if the rating valuation is based on an incorrect floor area, or if 'you have received a code compliance certificate for consented building work undertaken after the rating valuation and that work increased the floor area of your house'. (Voxy - 23 August 2011) Quantity: 1 digital cartoon(s).

Images, Alexander Turnbull Library

Astrologer Ken Ring sits at his desk in his study surrounded by ancient scrolls and alchemical instruments; three people stand nearby awaiting advice. Ken Ring says 'Well, predicting a once-in-a-million year movement of tectonic plates is one thing... but predicting when officials will understand the plight of companies affected by it...' Context - Business people in Christchurch in the weeks following the earthquake are becoming increasingly frustrated at their inability to gain access to premises that have been made out of bounds because of potential danger. This has resulted in protests in which police physically intervened when several protesters went inside the cordon. Colour and black and white versions of this cartoon are available Quantity: 2 digital cartoon(s).

Images, Alexander Turnbull Library

A signpost pointing 'West' and 'East'. The sign pointing West is intact; that indicating East is broken and barely hanging on to the post. Refers to the condition of Christchurch City after the earthquakes of 2010 and 2011; the western wealthier suburbs were less damaged than the poorer Eastern suburbs. Also, progress on repair and rehabilitation of eastern housing had been slow. The redesign of the city centre seemed to be a western suburb priority which ignored the poverty and misery of living conditions on the east. Quantity: 1 digital cartoon(s).

Images, Alexander Turnbull Library

Text above reads 'Central Christchurch business owners protest' and the words 'Cordon Blur' (wordplay on famous cookery schools 'Cordon Bleu' and 'blur' as in 'unclear'). The cartoon shows a striped barrier bearing the words 'KEEP OUT' that is being torn to pieces. A second version continues the text to read 'Central Christchurch business owners protest as future directions unclear'. Context - Protests from angry Christchurch business owners locked out of the damaged CBD have intensified today, with police physically intervening when several protesters went inside the cordon. They are worried about the state of their businesses inside the red zone, and say they have not been allowed in to collect critical records and basic tools so they can carry on working outside the cordon. (NZ Herald 21 March 2011) Quantity: 2 digital cartoon(s).

Images, Alexander Turnbull Library

Text at top left reads 'Earthquake... aftershock... or "new event"... one thing remains constant...' Below is a snail with 'EQC payments' printed on its shell. Context - This is a reference to the problems that Christchurch people are having in getting payments from the EQC (Earthquake Commission) Disgruntled tradespeople who are owed hundreds of thousands of dollars by EQC are considering legal action. Remaining unpaid can mean that companies may have to consider laying people off. The Amalgamated Workers Union says delays in EQC payments for housing repair work in quake-hit Christchurch are building to a crisis point. Two versions of this cartoon are available Quantity: 2 digital cartoon(s).

Research papers, The University of Auckland Library

This study is a qualitative investigation into the decision-making behaviour of commercial property owners (investors and developers) who are rebuilding in a city centre after a major disaster. In 2010/2011, Christchurch, the largest city in the South Island of New Zealand, was a site of numerous earthquakes. The stronger earthquakes destroyed many buildings and public infrastructure in the commercial inner city. As a result, affected property owners lost all or most of their buildings, a significant proportion of which were old and in the last phase of their life span. They had to negotiate pay-outs with insurance companies and decide, once paid out, whether they should rebuild in Christchurch or sell up and invest elsewhere. The clear majority of those who decided to reinvest in and rebuild the city are ‘locals’, almost all of whom had no prior experience of property development. Thus, in a post-disaster environment, most of these property owners have transitioned from being just being passive investors to active property developers. Their experience was interpreted using primary data gathered from in-depth and semi-structured interviews with twenty-one “informed property people” who included commercial property owners; property agents or consultants; representatives of public-sector agencies and financial institutions. The study findings showed that the decision-making behaviour of property investors and developers rebuilding after a major disaster did not necessarily follow a strict financial or profit motive as prescribed in the mainstream or neo-classical economics property literature. Rather, their decision-making behaviour has been largely shaped by emotional connections and external factors associated with their immediate environment. The theoretical proposition emerging from this study is that after a major disaster, local urban property owners are faced with two choices “to stay” or “to go”. Those who decide to stay and rebuild are typically very committed individuals who have a feeling of ownership, belonging and attachment to the city in which they live and work. These are people who will often take the lead in commercial property development, proactively making decisions and seeking positive investment outcomes for themselves which in turn result in revitalised commercial urban precincts.