It's official: water tanks are 'very unlikely' to burst into flames

MBIE has ruled that concerns an above-ground stormwater tank poses a fire risk doesn't hold water. (Image: Supplied)

Thu, 04 Apr 2024

In what's been described as a win for common sense, and after an exhaustive 18-month process, the building regulator has determined that water tanks are "unlikely" to be a fire risk.The Ministry of Business, Innovation and Employment (MBIE) clarified this week that an external water tank proposed under a consenting application for a Kāinga Ora development in Henderson, West Auckland, didn't represent a fire risk to neighbouring properties. The determination, announced on March 28, was sought in July 2022 by the housing ag...

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Law & Regulation

Pushpay insider trader loses conviction appeal

A prominent businessman found guilty in 2023 of insider trading over the sale of Pushpay Holdings shares is closer to being named, with the Court of Appeal increasing his fine and dismissing his bid for continued name suppression.The case brought by the Financial Markets Authorit...

Staff reporters 08 May 2025

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