Daily Archives: September 6, 2012

Shimrath Paul resigns

### ODT Online Thu, 6 Sep 2012
Museum head Shimrath Paul resigns
Otago Museum chief executive Shimrath Paul has resigned to take up a position as head of an Indonesian centre of excellence for cancer treatment.
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Full story in tomorrow’s ODT | Go to Comment

Related Post:
8.2.12 Otago Museum strife
18.1.12 D Scene exposes museum director’s salary

Posted by Elizabeth Kerr


Filed under Business, Media, Name, People

DCC pays out $millions to cover loss making stadium and professional rugby, yet…

### ODT Online Thu, 6 Sep 2012
Premium headache for city
By Chris Morris and Eileen Goodwin
Two of Dunedin’s biggest employers, the Dunedin City Council and the Southern District Health Board, face big hikes in insurance premiums as the ripple effects of the Canterbury earthquakes continue to spread. […] The council faced a 21% hike in premiums from $1.74 million to $2.1 million in the same period, just to maintain existing cover, it was confirmed yesterday. That still left $2.4 billion of infrastructure assets uninsured and the council facing a $362,000 shortfall in its insurance budget, council financial controller Maree Clarke said.

The council’s bad news was presented to yesterday’s finance, strategy and development committee meeting by Mrs Clarke and council insurance broker Peter Cromb. Mr Cromb’s company, Crombie Lockwood Risk Partners, had renegotiated insurance cover for the council in 2012-13 that was similar to the previous year’s. That meant buildings, plant and equipment were covered, but other infrastructure assets, including water pipes and bridges, remained uninsured.

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The report to FSD is not available online.

Related Posts:
16.7.11 Major Dunedin City Council infrastructure assets NOT INSURED
7.7.11 More than $1 billion of infrastructure assets NOT insured


Posted by Elizabeth Kerr


Filed under #eqnz, Business, DCC, DCHL, DVL, DVML, Economics, Media, ORFU, Politics, Project management, Property, Site, Sport, Stadiums