Earthquake-prone building standards shake-up to net $8.2b savings

Earthquake-prone building standards shake-up to net $8.2b savings
Auckland, Northland and Chatham Islands deemed low seismic risk (Image: Getty)
Staff reporters
The coalition Government is refocusing earthquake-prone building standards with a series of tweaks it says will produce more than $8.2 billion in remediation and demolition savings.Building and Construction Minister Chris Penk said the changes – via the Building (Earthquake-prone Building System Reform) Amendment Bill – would introduce a fairer, risk-based system.At heart of the changes was removal of the New Building Standards (NBS) ratings that have been used by engineers to decide whether a property was earthquake prone.“Th...

More Infrastructure

Eaqub: Pipeline hits $275b but certainty stops at next election
Infrastructure

Eaqub: Pipeline hits $275b but certainty stops at next election

Economist highlights drop-off in planned infra spending after 2026.

Fletcher Residential worth $850m ‘on a good day’
Infrastructure

Fletcher Residential worth $850m ‘on a good day’

Shareholders have been clear no asset sales should be on the cheap.

Congestion charge law draws political and commercial contest
Infrastructure

Congestion charge law draws political and commercial contest

A contest is on for contracts worth hundreds of millions of dollars.

Ian Llewellyn 18 Nov 2025
EA flags cost-shifting in connection charges
Infrastructure

EA flags cost-shifting in connection charges

The electricity regulator links connection charges to cost-shifting onto new customers. 

Ian Llewellyn 17 Nov 2025