Wake Up Call: Markets rally as Evergrande fears subside

Fears are easing over the potential global impact if Chinese property giant Evergrande collapses. (Image: Deposit Photos)

Staff reporters

Fri, 24 Sep 2021

Summary Downpours over the past few days in the upper North Island have eased water storage fears for the upcoming summer. New modelling from Te Pūnaha Matatini says vaccination levels at 80% would see annual deaths run into the thousands and the healthcare system overwhelmed.Wet spring Severe water restrictions are unlikely for New Zealand’s biggest city after a wet spring, says Auckland Council’s water manager Watercare. Downpours over the past few days have lifted storage to 82%, down slightly from the average 90% usual at t...

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