Government's "on-sold over-cap" quake insurance scheme extendedA Government scheme set up to resolve a legacy Christchurch earthquake insurance issue has been extended by two months. Those with an "on-sold over-cap" house now have until 14 October to apply to the scheme, an extension of two months. An on-sold over-cap home is one sold after the 2010 and 2011 Canterbury earthquakes and later found to have missed or incorrectly repaired damage that needs to be fixed but exceeded EQC's $115,000 liability cap. Average 1.6 per cent rates rise for Selwyn residentsJohn Kirk-Anderson/Stuff Selwyn Mayor Sam Broughton has taken a pay cut as the council looks to save money post-coronavirus. The average rates rise across the district will be 1.6 per cent, depending on the type of property and services used.

Source: Stuff June 25, 2020 01:43 UTC