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Finance Minister Bill English concedes lower dairy prices are having an effect on the economy but says growth is still expected to remain strong over the next four years.

Hundreds of Canterbury homeowners have been told their insurer may be underestimating the cost of repairing or rebuilding their properties by up to 60 percent.

An earthquake-damaged heritage building in central Christchurch has been saved from demolition for the second time - and all it took was $1.

Ngāi Tahu Property has announced it will be expanding its commercial operations into the Auckland market.

Rent prices have stabilised but Christchurch still needs more social housing to keep up with post-earthquake demand, the Social Housing Minister says.

An apparent turn-around in the Government's finances has raised the possibility it might make surplus this year after all. Audio

A traffic report has indicated tougher times ahead for the economy.

Housing New Zealand says it may not reach its target to rebuild its Christchurch housing stock by the end of the year.

Tonight was the final broadcast for TV3's flagship current affairs show, Campbell Live and its host John Campbell.

The Earthquake Commission (EQC) has once again delayed the completion of its home repair programme in Canterbury.

The New Zealand Institute of Economic Research expects interest rates to stay on hold until mid-2017. Audio

The Government should sell off un-needed land in central Christchurch to encourage growth in the city, the Finance Minister says.

The head of the Builders' Association says the demand for skilled builders in the Canterbury rebuild is putting a strain on tradespeople needed in other cities such as Auckland.

The Government is being accused of short changing the Christchurch City Council by refusing to pay anything towards a $400 million cost over-run on quake repairs.

Christchurch's infrastructure rebuild team is investigating what caused a water main to burst in a seaside suburb.

The economy is expected to grow at an average of 2.8 percent a year over the next four years, Bill English said in delivering his seventh Budget today.

The South Island's priorities of regional development, infrastructure and targeted funding appear unlikely to be met in tomorrow's budget. Audio

Power Play with Brent Edwards - Finance Minister Bill English was unusually optimistic when he delivered his last Budget.

More than 70 beneficiaries who received a special-incentive payment to move to Christchurch for the rebuild returned to the benefit within three months - and a third will have to pay the money back.