Prime Minister John Key speaks to Newstalk ZB's Leighton Smith in the wake of Monday's 7.8 earthquake. The Prime Minister said it seems highly optimistic to believe the cost of the Kaikoura quakes will be less than two billion dollars. He said businesses like Fulton Hogan, Fletchers and various contractors will be busy spending money to carry out rebuild work. Key said the government has been fiscally conservative and returned to surplus for a rainy day - or a shaky one. - Newstalk ZB

Source: New Zealand Herald November 16, 2016 20:58 UTC