The ASB regional economic survey has put Canterbury ahead of Auckland in terms of economic activity, construction was noted as the key theme but this had flowed out into other sectors. Auckland was the runner up with Bay of Plenty third, Northland fourth and Otago fifth.
Rebuilding in Canterbury is expected to heat up more with the Insurance Council saying that private insurers have now paid out $14 billion and it estimates that 83% of all commercial claims have now been settled.
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