Wake Up Call: seismic shift for earthquake insurance

Wake Up Call: seismic shift for earthquake insurance
The scheme was trialled after the Kaikoura earthquake, and is aimed at avoiding the fiasco for homeowners following the Christchurch earthquakes. (Image: Deposit Photos)
Staff reporters
Summary A raft of milestones are reached today as we hit the middle of the calendar year. These include the year end for many farmers, invitations going out for applications to the Infrastructure Acceleration Fund aimed at increasing housing supply,  and the new disaster response insurance scheme beginning.Year end for farmers It’s the end of the tax year today for sheep, dairy and pip fruit farmers, with a drop in the NZ dollar and surging commodity prices signalling a good year for farmers. Rabobank’s quarterly rural confiden...