Damage from earthquake in New Zealand estimated at $1.4Bln - PM
"It`s hard to believe that the bill is going to be less than a couple of billion," Key was quoted by the Radio New Zealand (RNZ) on its Twitter account as saying.
Key added that people were physically and mentally exhausted after the disaster and needed more support.
In the wake of the earthquake, New Zealand`s Civil Defense and Emergency Management Ministry (MCDEM) issued a warning for a tsunami for the eastern coast of both North and South Islands. A dam on the Clarence River has been damaged after the earthquake, with emergency workers evacuating people from nearby settlements.






