Estimates about the cost of the Canterbury earthquake have doubled to $4 billion.Treasury Secretary John Whitehead told media the previous estimate of $2b was in relation to Earthquake Commission (EQC) liabilities only."The cost faced by the EQC, ind
Estimates about the cost of the Canterbury earthquake have doubled to $4 billion.
Treasury Secretary John Whitehead told media the previous estimate of $2b was in relation to Earthquake Commission (EQC) liabilities only.
"The cost faced by the EQC, individuals, and insurance costs will probably be of the order of $4 billion," Mr Whitehead said.
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