Southern Response needs another indemnity to keep it solvent
The Treasury says earthquake damage claims are not declining in line with forecasts.
The Treasury says claims from the Canterbury earthquakes are expected to keep reopening until 2029.
Southern Response continues to settle outstanding claims from the Canterbury earthquakes, but the Treasury has warned ministers an increasing number of claims are threatening the budget.
In a report last October – to Finance Minister Nicola Willis, then State-owned Enterprises Minister Paul
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