Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

More Time For Canterbury Homeowners To Get Funding For Earthquake Repairs

Canterbury homeowners of on-sold, over-cap properties are being urged to apply for financial help to repair earthquake damage, and now they have an extra two months to apply.

The deadline has been extended to 14 October 2020 for people who purchased houses before 14 August 2019 and then discovered unrepaired earthquake damage to apply for a Government grant through EQC.

Any properties purchased after 14 August 2019, when the On-Sold programme was announced, are not eligible for the payments.

EQC chief executive Sid Miller said the extension was an opportunity for anyone who had bought a house before 14 August 2019 and discovered earthquake-related damage to ensure they could get it repaired.

The deadline only applies to on-sold homes, other claims such as remedial works will follow the normal process and more information is available on the EQC website.

Mr Miller said it has been a long-standing concern of Canterbury residents that there are still some homes with incomplete repairs or previously undetected damage, and people had suffered major disruptions and stress as a result.

“We are working hard to resolve all outstanding Canterbury claims as quickly as we can, and this extension is part of that. Last year the Government put aside $300 million for the On-Sold programme so those homeowners can finally get on and fix their homes”.

“We have already received more than 1,000 registrations for the programme.”

“This is the last chance for Canterbury homeowners, who bought a property after the earthquakes, to apply for government assistance to get their homes repaired as we won’t be able to accept any applications after 14 October 2020,” Mr Miller said.

“It’s easy to apply on-line. If you are aware of damage get your application in as soon as possible but I would encourage all on-sold homeowners to get professional advice. Once we’ve checked your property fits the criteria, we’ll work with you to get your application paid out as fast as possible.”

Mr Miller said the problem of on-sold properties highlights the importance of a professional pre-purchase building inspection.

“It’s really important that buyers and property owners do not rely on EQC claims assessments to assess all aspects of their property. These documents cannot replace a pre-purchase inspection and may not identify damage that the previous owner has not claimed for.”

The criteria for On-Sold programme can be found on the EQC website:

https://www.eqc.govt.nz/canterbury/on-sold-over-cap-properties

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Tiwai Point: Rio Tinto Announces Plans To Close Tiwai Point Smelter

Rio Tinto has just announced that it will wind down New Zealand Aluminium Smelters - the Tiwai Point smelter - saying the business is no longer viable. More>>

ALSO:

Freight: New Report On Auckland Port Relocation

The Government has released a major new report on the options for relocating the Port of Auckland’s freight operations while deferring any decision on the issue. More>>

ALSO:

Chartered Accountants: COVID-19 Fails To Knock Kiwi Investor Confidence, But More Disclosure Wanted

Three months of COVID-19 lockdown and investment turmoil has done little to knock confidence in New Zealand capital markets and listed companies with overall investor sentiment very similar to 2019, an investor survey held in mid June shows. However, ... More>>

ALSO:

Taxation: Black-Market Tobacco Sidesteps $287 Million In Excise Tax

Year-on-year increases in consumption of illicit tobacco in New Zealand have seen illegal trade swell to 11.5% of the total market. If consumed legally, illicit products would have netted the Government $287 million in excise tax during 2019. Independent ... More>>

ALSO:

Energy Sector: Meridian Spilled Water To Hike Electricity Prices - Authority Ruling

The Electricity Authority has found that generator Meridian Energy manipulated the power market, costing consumers about $80 million. More>>

ALSO:

XE Data Update: RBNZ Official Cash Rate Decision

The RBNZ will keep the Official Cash Rate (OCR) at 0.25%. T he key points in the RBNZ statement are: RBNZ keeps the OCR unchanged at 0.25% Maintain the LSAP (large scale asset purchase) at NZD$60 billion. Committee prepared to use additional monetary ... More>>

ALSO:

Electricity: Kiwis Ignore Promise Of Cheaper Power

Electric Kiwi and Flick Electric Co are joint winners of Canstar Blue’s award for Most Satisfied Customers | Electricity Providers From putting on an extra layer – rather than turning on a heater – to turning off lights and choosing the energy-saving ... More>>

ALSO:

Electricity: Transmission Pricing For A Low Carbon Future

The Electricity Authority has decided on new guidelines for transmission pricing. James Stevenson-Wallace, Chief Executive of the Electricity Authority says the new guidelines will deliver significant benefits to consumers, through lower electricity ... More>>

ALSO:

RNZ: Economic Activity And Business Confidence Bouncing Back

Two surveys from ANZ show business confidence and economic activity have rebounded, but uncertainty about the future remains extreme. More>>

ALSO:

NIWA: The Climate Record That Keeps Getting Broken

Among the multitude of New Zealand climate statistics there is one record that continues to be broken month after month. Since January 2017 there has not been one month that recorded a below average nationwide temperature, according to NIWA’s seven station ... More>>

ALSO:

Govt: Extended Loan Scheme Keeps Business Afloat

Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small ... More>>

ALSO:

Science: 2019 Prime Minister’s Science Prizes Announced

The 2019 Prime Minister’s Science Prizes have been announced in a digital livestream event today. The Prizes recognise the impact of science on New Zealanders’ lives, celebrate the achievements of current scientists and encourage scientists of the ... More>>

ALSO:


RNZ: Fuel, Alcohol Costs To Go Up From Today

The increase today in the taxes on fuel, road user charges and alcohol is being called a tone-deaf move. More>>

ALSO:

Stardome Observatory: Young Kiwi Astro-Photographer Shoots For The Stars

Matariki by Josh Kirkley. The stars are aligning for up-and-coming Auckland-based astro-photographer Josh Kirkley (Kāi Tahu). During lockdown, one of his images was picked up by NASA and shared on the space agency’s Instagram to its 59.2 million ... More>>


DCANZ: Time For EU To Commit To A Level Playing Field For Trade

The Dairy Companies Association of New Zealand (DCANZ) has welcomed New Zealand Trade Minister David Parker’s statement that it is unacceptable for New Zealand exporters to continue facing an ‘unlevel playing field’ in the EU. Details leaked ... More>>

ALSO:

New Zealand Government: Supporting Kiwi Businesses To Resolve Rent Disputes

The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. More>>

ALSO: